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Use the Table Below to Answer the Following Questions

Question 112

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Use the table below to answer the following questions.
Table 23.2.3
The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule.
Use the table below to answer the following questions. Table 23.2.3 The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule.    -Consider Table 23.2.3. If planned saving decreases by $1.0 trillion at each real interest rate, what is the new equilibrium real interest rate? A) 2 percent a year B) 5 percent a year C) 2.5 percent a year D) 3.5 percent a year E) There is no new equilibrium real interest rate.
-Consider Table 23.2.3. If planned saving decreases by $1.0 trillion at each real interest rate, what is the new equilibrium real interest rate?


A) 2 percent a year
B) 5 percent a year
C) 2.5 percent a year
D) 3.5 percent a year
E) There is no new equilibrium real interest rate.

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