[I'he thnn'lng table presents the data i-r an ecnnnrny 1when the gnvernnient's budget is balanced. Real interest rate Leanable mds demanded Lnanahle inds supplied [percem per year} [hillinns nf EDD? dnllars} [hillinns nf EDD? dnllars} [ll] marks) a. 1|i":-'hatiaahsl:sneedbudget,s.nd1IIII'h'_1.rdneus ltniatter? Ahancedbudgetisvrhenallrevenullareequaltcexpenditures.'I'hiswnuldmeanthatthereis nnbudget surplusnrdecitandthatthehudget ishalanced. [1 marks} b. Calculate the equilibrium real interest rate. in'vesnnentJ and private mving. 'Whg.r is this interest rate referredtn- as equilibrium? [1 marks} c. prlanned saving decreases by El billien at each real interest rate, explain tbe change in the real interest rate and investment. [1 marks} d. prlanned investment increase: by $1 billinn at each res] interest rate, explain the change in saving and tbe real interest rate. [1 marks} e. Ifhntb planned savings and planned investment increase by $1 billinn at each res] interestrate.e1plaind1echangeind1erealinterest rate andequjlibrinmquantitynf leanahle funds. Sketch _vnur answer using the diagram nftbe mndel ferthe leanable mds market. [1 marks)