Real interest rateQuantity of loanable fund demanded (billion $)|Quantity of loanable fund supplied (billion $) 0.2 18 2 04 17 3 0.6 16 4 0.8 5 5 1.0 14 6 12 13 7 14 12 B 1.6 11 0 1.8 0 10 2.0 9 11 22 8 12 24 7 13 2.6 6 14 2.8 5 15 3.0 4 16 Instructions: 1. Using excel, find the equilibrium real interest rate and quantity of loanable fund, show the equilibrium on a graph. Label your graph. (4 marks) 2. If this country experiences an expansion business cycle phase that increases the demand for loanable fund by $4 billion. a) Find the new equilibrium real interest rate and quantity of loanable fund. (2 marks) b) Draw new graph, show the shift on that occurs in DLF curve and the effect on equilibrium real interest and quantity of loanable fund. . (2 marks)