6) Use the figure below to answer this question. Interest Rate (%) 12 10 Loanable Funds (in billions of Pounds) [Page 6 of 9] [ECO If the interest rate is 8% households and firms will want to borrow: a) £3 billion b) £2 billion c) £4 billion d) £1 billion 4.
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![6) Use the figure below to answer this question.
Interest Rate (%)
12
10
Loanable Funds
(in billions of Pounds)
[Page 6 of 9]
[ECO
If the interest rate is 8% households and firms will want to borrow:
a) £3 billion
b) £2 billion
c) £4 billion
d) £1 billion
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- 2. The supply of saving Suppose that Maria receives a pay raise of $1,050 per year. She can either use the extra money to consume goods and services, or she can save it by depositing it in a bank. For each of the alternative annual interest rates in the following table, indicate how much interest Maria would earn per year on her annual raise if she saves it. (Note: Assume that no income taxes are deducted.) Interest Rate Interest Earned (Dollars) (Dollars) (Percent) 8 20 A lower interest rate gives Maria incentive to save. The following graph shows a variety of possible curves representing the supply of saving.Question 29 How would this expenditure affect the loanable funds market? [Select] [Select] Supply of loans shifts to the right. Demand for loans shifts to the right.Given Table 12-6 below, fill in the values for saving. Assume taxes = $800. Table 12-6 National Income $11,400 11,800 12,200 12,600 Consumption $7,500 7,800 8,100 8,400 Use the editor to format your answer Saving
- Household saving = $200, Business Saving = $400, Government Purchases = $100, Government transfer & interest payments = $100, tax revenue = $150, GDP = $2,200. What is the National savings rate? a.) 100% b.) 75% c.) 50% d.) 25%2 / If there is an increase in savings in an economy and a decrease in national income, what is the reason? Explain by drawing a figure.Consider the following data (in billion $) for a country in a particular year: (assume this country has Zero Transfer Payment Personal consumption expenditure (C) 200 Exports (x) 10 Government Purchases of goods and services (G) 120 Imports (m) 15 Gross Domestic Product (Y) 1800 Таxes 20 a. What is the value of private and households saving? b. What is the value of government saving? C. What is the value of total (national) saving? d. What is the value of gross investment? е. What is the value of net export? f. Is the country lending to or borrowing from rest of the world? g. Dose the government has deficit, balance or surplus budget? h. What is the amount of investment financed by national saving? i. What is the amount of investment financed by borrowing from rest of the world? J. What is the meaning of transfer payment
- Question 1 Table 1: Economy X Demand for Money Quantity of Money Nominal Interest Rate (% per year) Holdings ($M) A 7 2.4 B 5 3.0 C 3 4.0 (i) What is the relationship between the two variables as shown in table 1 and why does this relationship exist? (ii) Assume the quantity of real money supplied (money supply) is $3M when interest rates are at 5%. Describe what is occurring when interest rates are at 7%?Suppose GDP in this country is $1,540 million. Enter the amount for government purchases. National Income Account Value (Millions of dollars) Government Purchases (GG) Taxes minus Transfer Payments (TT) 455 Consumption (CC) 700 Investment (II) 490 Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private SavingPrivate Saving = = (t-g, y-t-i, c-t,y-c-t) = = million Public SavingPublic Saving = = (t-g, y-t-i, c-t, y-c-t) = = million Based on your calculations, the government is running a budget (surplus, deficit) .Question 1 An economy producers 1,000,000 automobiles valued at $15,000 each.Of these, 700,000 are sold to consumers, 200,000 are sold to business, 50,000 are to the government and 25,000 are sold abroad. No automobiles are imported. The automobiles left unsold will be held in inventory by the auto procedures. Compute 1) The total consumption 2) The total investment 3) 3) the total government purchases 4) The total net exports 5) The gross domestics products (GDP) at market value
- What would be the value of consumption of Saving is $1300 and the income is $22505 Use Table: National Income Accounts. The value of national savings is: Table 1: National Income Accounts $ Trillions GDP 20.00 Consumption 14 Government Spending 3 Budget Balance -1.2 a) $14 trillion b) $3 trillion c) $3.5 trillion d) $0.2 trillion e) $3.2 trillion.Use Figure: The Market for Loanable Funds with Government Borrowing. After an increase in government borrowing, the equilibrium interest rate will rise from 6% to Interest rate (%) 12 10 8 5 4 2 O %, and the amount of private savings will Supply of loanable funds Demand for loanable funds 10 20 30 40 50 60 70 80 90 100 Quantity of loanable funds (billions of dollars)