8 Demand, Supply 7 10 4 REAL INTEREST RATE (Percent) 3 2 - 10 20 30 40 50 60 70 80 QUANTITY OF LOANABLE FUNDS (Billions of dollars) Refer to Figure 33-1. If the real interest rate is 3 percent, the quantity of loanable funds demanded is $50 billion, and the quantity supplied is $30 billion. $20 billion, and the quantity supplied is $60 billion. $50 billion, and the quantity supplied is $60 billion. $30 billion, and the quantity supplied is $50 billion.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
8
Demand,
Supply
7
10
4
REAL INTEREST RATE (Percent)
3
2
-
10 20 30 40 50
60 70 80
QUANTITY OF LOANABLE FUNDS (Billions of dollars)
Refer to Figure 33-1. If the real interest rate is 3 percent, the quantity of loanable funds demanded is
$50 billion, and the quantity supplied is $30 billion.
$20 billion, and the quantity supplied is $60 billion.
$50 billion, and the quantity supplied is $60 billion.
$30 billion, and the quantity supplied is $50 billion.
Transcribed Image Text:8 Demand, Supply 7 10 4 REAL INTEREST RATE (Percent) 3 2 - 10 20 30 40 50 60 70 80 QUANTITY OF LOANABLE FUNDS (Billions of dollars) Refer to Figure 33-1. If the real interest rate is 3 percent, the quantity of loanable funds demanded is $50 billion, and the quantity supplied is $30 billion. $20 billion, and the quantity supplied is $60 billion. $50 billion, and the quantity supplied is $60 billion. $30 billion, and the quantity supplied is $50 billion.
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