Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please build the graph Back to Assignment Attempts Keep the Highest/0.1 3. Equilibrium in the market for loanable funds The following tables present a hypothetical
please build the graph
Back to Assignment Attempts Keep the Highest/0.1 3. Equilibrium in the market for loanable funds The following tables present a hypothetical economy's data on the relationship between various real interest rates and sector specife supply and demand for loanable tunds, where the currency is the U.S. dollar, Real Interest Rate (Percent) Household Supply (Billions of dollars) 60 Business Supply (Billions of dollars) 55 Federal Government Foreign Investor Supply Supply (Billions of dollars) (Billions or dollars) 5 55 Municipal Government Supply (illions of dollars) 7 30 6 5 45 25 50 30 5 was a 5 30 15 4 35 30 5 30 15 3 30 20 5 15 10 2 25 5 5 10 5 Real Interest Rate (Percent) Household Demand (Billions of dollars) Business Demand (tons of dollars) Federal Government Demand (Billions of dollars) Foreign Investor Demand (Billions of dollars) Municipal Government Demand (Billions of dollars) Real Interest Rate (Percent) Federal Government Demand (Billions of dollars) Household Demand (Billions of dollars) 20 30 Business Demand (Billions or dollars) 5 15 Foreign Investor Demand (Billions of dollars) 5 Municipal Government Demand (Billions of dollars) 7 s 5 5 15 10 5 40 5 30 30 35 50 5 15 20 25 60 45 35 45 60 5 65 55 5 30 Given the information in the preceding tables, use the blue points (circle symbol) to put the demand for sale funds. Neat use the range points (square symbol) to plot the supply of loanable inds. Finally, use the black point (cross symbol) to indicate the equilibrium in the market Market for Loanable Funds D -- Percent) SA (square symbol) to plot the supply of loanable funds. Finally, use the black point (cross symbol) to indicate the (? Market for Loanable Funds 8 O DA INTEREST RATE (Percent) + Equilibrium 0 f 0 150 25 50 75 100 125 175 200 225 QUANTITY OF LOANABLE FUNDS (Billions of dollars) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started