Using the graphs below and the pre-defined curves for you to move into place. DO NOT INTERPRET THE FACT THAT THERE IS AN S2 and D2 TO MEAN YOU HAVE TO MOVE BOTH CURVES. Make sure that you also provide a typed response 1. The following was just announced just prior to the exam starting. "The Biden administration announced that it will drop all tariffs implemented under the Trump administration." In both graphical form and in words, explain what the Loanable Funds model would predict about the direction of interest rates. S2 D2 IR's SI I DI Qty of Loanable Funds