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The Bureau of Labor Statistics releases economic data on unemployment leading to a wave of optimism for savers and investors. This causes a change in

The Bureau of Labor Statistics releases economic data on unemployment leading to a wave of optimism for savers and investors. This causes a change in demand for investment of 3 trillion and change in supply of savings of 2 trillion.

The market for savings and investment.
Real Interest Rate (% per year) Investment (trillions of 2011 dollars) Savings (trillions of 2011 dollars)
1 8 3
4 6 6
7 4 9
10 2 12
13 0 15

The new equilibrium interest rate is _______ ["4%", "between 1% and 3%", "4 trillion", "rises above 10%", "1%", "7%"] % and the new level of saving and investment is $ _______ ["between 8 and 9 trillion dollars", "no effect on the market", "5 trillion dollars", "10%", "7 trillion dollars", "falls below 1 trillion"] trillion.

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