Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 13PAE
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Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [(
billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table
[[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table
[[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government
budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium
occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$
90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion
Data from Sinnoh
Real
interest rate
Loanable Funds
Demanded
(percent per year)
(billions of 2012 dollars)
Loanable Funds
Supplied
(billions of 2012
NS
dollars)
160
7805
40
69
160
4
140
60
PHO
80
120
80
120
100
100
100
120
80
lov
120
140
60
90
140
160
25)
25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is
balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new
equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of
loanable funds is
5: $110 billion
B) 6.5; $90 billion
C) 6; $120 billion
D) 6.5; $110 billion.
E) 5.5; $90 billion
Transcribed Image Text:Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion
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