Refer to the figure below to answer the following que Real interest rate (percent per year) 4 3 2 1 0 15 20 PSLF 25 SLF DLF 30 Loanable funds (billions of 2007 dollars) In the situation above the government has a budget Private saving is $ billion. Investment is $ billion and national saving is $ billion.
Refer to the figure below to answer the following que Real interest rate (percent per year) 4 3 2 1 0 15 20 PSLF 25 SLF DLF 30 Loanable funds (billions of 2007 dollars) In the situation above the government has a budget Private saving is $ billion. Investment is $ billion and national saving is $ billion.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Refer to the figure below to answer the following questions.
Real interest rate (percent per year)
4
3
2
1
0
15
20
PSLF
25
SLF
DLF
30
Loanable funds (billions of 2007 dollars)
In the situation above the government has a budget
Private saving is $
billion.
Investment is $
billion and national saving is $
billion.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F48b62f92-252f-4977-a601-faad806edb11%2Fbb4c01da-0f0e-4ae6-a31d-20fe47e038a7%2Filjtz4klb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Refer to the figure below to answer the following questions.
Real interest rate (percent per year)
4
3
2
1
0
15
20
PSLF
25
SLF
DLF
30
Loanable funds (billions of 2007 dollars)
In the situation above the government has a budget
Private saving is $
billion.
Investment is $
billion and national saving is $
billion.
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