Suppose the Market for Loanable Funds Is in Equilibrium A)$30 Billion
B)$25 Billion
C)$20 Billion
D)$15 Billion

Multiple Choice

Suppose the market for loanable funds is in equilibrium. Given the numbers below, determine the quantity of loanable funds demanded.
$\begin{array} { | l | c | } \hline \text { GDP } & \$ 200 \text { billion } \\\hline \text { Consumption } & \$ 130 \text { billion } \\\hline \text { Taxes Net of Transfers } & \$ 30 \text { billion } \\\hline \text { Government Spending } & \$ 40 \text { billion } \\\hline\end{array}$

A) $30 billion
B) $25 billion
C) $20 billion
D) $15 billion