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Jamie Novak's Amazon Page Amazon.com Associates Figure 33-1 8 Demand Supply 7 6 REAL INTEREST RATE (Percent) す 3 2 1 10 20 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 6 percent, there will be a shortage of $20 billion. surplus of $80 billion. shortage of $80 billion. surplus of $20 billion.

Jamie Novak's Amazon Page Amazon.com Associates Figure 33-1 8 Demand Supply 7 6 REAL INTEREST RATE (Percent) す 3 2 1 10 20 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 6 percent, there will be a shortage of $20 billion. surplus of $80 billion. shortage of $80 billion. surplus of $20 billion.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Jamie Novak's Amazon Page Amazon.com Associates Figure 33-1 8 Demand Supply 7 6 REAL INTEREST RATE (Percent) す 3 2 1 10 20 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 6 percent, there will be a shortage of $20 billion. surplus of $80 billion. shortage of $80 billion. surplus of $20 billion.
Transcribed Image Text:Jamie Novak's Amazon Page Amazon.com Associates Figure 33-1 8 Demand Supply 7 6 REAL INTEREST RATE (Percent) す 3 2 1 10 20 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 6 percent, there will be a shortage of $20 billion. surplus of $80 billion. shortage of $80 billion. surplus of $20 billion.
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