#3 Draw a graph and explain what might happen in the loanable funds market if there is a business tax increase which negatively influences business profits and lowers investment? a. What happens to interest rates and quantity of loans? #4 Briefly explain whether the production of each of the following goods is likely to fluctuate more or less than real GDP during business cycles a. Ford Trucks b. Mcdonald's Big Macs c. Televisions d. Diapers Boeing aircrafts Figure 1 Consider the following data for a closed economy: Y = $10 trillion C = $6 trillion 1 = $2 trillion G = ?? ? TR = $2 trillion T = $3 trillion #5 Refer to Figure 1. Based on the information above, what is the level of private saving in the economy? #6 Refer to Figure 1. Based on the information above, what is the level of public saving