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For the following event, please use a supply/demand diagram of the loanable funds market to determine what happens to the equilibrium interest rate, national saving,
For the following event, please use a supply/demand diagram of the loanable funds market to determine what happens to the equilibrium interest rate, national saving, and investment. Assume a closed economy. For each scenario, please clearly indicate which curve is affected, in what direction the curve or curves shift, and what happens to the equilibrium requiring students to upload a supply/demand diagram in their responses, I strongly recommend sketching the graph on a piece of scrap paper to guide your reasoning. EVENT: The government imposes several environmental regulations on businesses. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph v Open Sans,sa... 10pt V iEv x2 X2 SIT The - + ABC O WORDS QUESTION 26 6 poin Consider an economy in which the typical household consumption basket consists only of 2 apples and 4 oranges. Below are the per-unit prices of these goods for 2017, 2018 and 2019. Please use 2017 as the base year. Per Unit Prices Year Apples (S/unit) Oranges ($/unit) 2017 1.00 1.00 2018 1.25 1.50 2019 1.50 2.00 Compute the relative price of apples in terms of oranges in each year, rounding to two decimal places. The relative price of apples in terms of oranges was oranges per apple in 2017, oranges per apple in 2018, and oranges per apple in 2019 QUESTION 27 2 poin Identify to which component or components of GDP, if any, the following transactions belong. Transaction: Your grandmother buys you a sweater with her social security check. O c OI O G O NX O Not Counted QUESTION 28 1 poin Mary looks over reports on four of her workers. Jack made 25 baskets in 5 hours. Walter made 36 baskets in 6 hours. Rudy made 40 baskets in 10 hours. Sam made 22 baskets in four hours. Who has the greatest productivity? O a. Jack O b. Walter O c. Rudy O d. Sam
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