Suppose the government forgives a significant amount of outstanding college debt, leading a large percentage of the population to have unexpectedly high current incomes. Ceteris paribus, consider how this scenario would affect the credit market as presented in this class. (A) Which determinant (shifter) in the model is changing (if any), and how is it changing? (B) Which curve in the model shifts (if any), and which direction? (C) What happens to the equilibrium real interest rate and the equilibrium quantity of credit (i.e. total lending)