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The table sets out data for an economy when the government's budget is balanced. [canahle Loanahle hmds funds Real interest demanded supplied rate [percent per

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The table sets out data for an economy when the government's budget is balanced. [canahle Loanahle hmds funds Real interest demanded supplied rate [percent per {billions of 2M? dollars} b 4 3.5 5.5 5 3.0 E- E- 15 5.5 3" Fl) H] S- 55 ?.5 9 Eli] EH] ii! 5.5 3.5 .1! Calculate the equilibrium real interest rate. investment, and private saving. bl it planned saving increases hf $1.5 billion at each real interest rate, explain the change in the real interest rate. cl it planned investment increases by $1 billion at each mat interest rate, explain the change in the real interest rate. d] It the government's budget becomes a decit of $1 billion, what are the real interest rate and inveshnent? Does crowding out occur? ell [i the government's budget becomes a deficit of 51 billion and the Ricardo-Balm effect occurs, what are the real interest rate and the investment

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