The following graph shows the market for Ioanable funds. The upward-sloping orange line represents the supply of Ioanable funds, and the downward- sloping blue line represents the demand for Ioanable funds. For each of the given scenarios, return the following graph to its initial state and then adjust the appropriate curve on the graph to help you complete the questions that follow. (Note: You will not be graded on any changes you make to the graph.) I Supp Demand SUPPIY / /;\\ LOANABLE FUNDS (Billions of dollars) INTEREST RATE (Percent) Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned on bonds or deposits is taxed at a rate of 20%. Now suppose there is an increase in the tax rate on interest income, from 20% to 25%. This change in the tax treatment of interest income from saving causes the equilibrium interest rate in the market for loanable funds to rise V and the level of investment spending to decrease V . An investment tax credit effectively lowers the tax bill of any firm that purchases new capital in the relevant time period. Suppose the government implements a new investment tax credit. The implementation of the new tax credit causes the interest rate to rise V and the level of saving to fall V . Initially, the government's budget is balanced; then the government significantly increases spending on national defense without changing taxes. This change in spending causes the government to run a budget deficit V , which causes the interest rate to rise V