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The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule when Real the government's budget is balanced. interest rate
The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule when Real the government's budget is balanced. interest rate Loanable funds Loanable funds demanded (percent supplied What is the real interest rate, the quantity of investment, per year) (trillions of 2007 dollars) and the quantity of private saving if the government's 7.0 5.0 budget becomes a surplus of $1.0 trillion? 6.5 5.5 6.0 6.0 5.5 6.5 . . . 5.0 7.0 4.5 7.5 If the government's budget surplus becomes $1.0 trillion, 10 4.0 8.0 the real interest rate is percent a year. >>>Answer to 1 decimal place. The quantity of investment is $ trillion, and the quantity of private saving is $ trillion
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