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E.U. Announces the G20 Will Miss 2018 Growth Targets The 2014 G20 meeting committed the 20 countries to boost investment, create new jobs, and boost

E.U. Announces the G20 Will Miss 2018 Growth Targets "The 2014 G20 meeting committed the 20 countries to boost investment, create new jobs, and boost world income by $2 trillion over 5 years. The E.U. says the 2018 target will be missed." Source: World Finance, April 10, 2017 a) Explain the effect of the 2014 increase in planned investment on the demand for or supply of loanable funds. b) If G20 countries had succeeded in increasing global income, how would the world real interest rate, saving, and investment have been different from the 2018 outcome? Explain your answer. c) On a graph of the global loanable funds market, illustrate your answer to part (b)

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