The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule.

Real interest rate Loanable funds demand Loanable funds supplied

(trillions of 2007 dollars per year) (trillions of 2007 dollars p/yr

2 10 8

3 9 9

4 8 10

5 7 11

6 6 12

7 5 13

8 4 14

Consider Table. If planned saving decreases by $1.0 trillion at each real interest rate, what is the new equilibrium real interest rate?