Real-Time Data Analysis Exercise In the market for loanable funds depicted by the gure to the right, the supply of loanable funds is determined by gross saving in the economy. Gross saving in the economy is composed of gross private saving and gross government saving. This latter magnitude reects the condition of the government's budget The following table contains data from FRED* for gross government saving for the second quarter of 2018 and 2023. Gross Government QuarterIYear Saving (bils.) Second/2018 - $546.8 Second12023 - $12196 Increasing taxes is the only way that government saving can be increased. This claim is false . Based on the data recorded above, it can be seen that the government budget in the second quarter of 2023 was |:|. The Market for Loanable Funds 6 Real Interest Supply of E rate loanable funds E Equilibrium Interest ......................... rate Demand for loanable funds Equilibrium Loanable funds quantity of loanable funds (dollars per year) *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis