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Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion

Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion
Transcribed Image Text:Data from Sinnoh \table[[\table[[Real], [interest rate], [(percent per year)]], \table[[Loanable Funds], [Demanded], [( billions of 2012 dollars)]], \table [[Loanable Funds], [Supplied], [(billions of 2012], [dollars)]], NS], [3, 160, 40, 60], [\table [[4], [5]], \table[[140], [120]], 60, 80], [ \table[[120], [100]], \table[[80], [100]], 100], [7, 80, \table [[100], [120]], 120], [8, 60, 140, 160]] The above table shows the market for loanable funds in Sinnoh. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of percent and the equilibrium quantity of loanable funds is q. (4) 5; $110 billion B) 6.5;$ 90 billion 6; $120 billion D) 6.5;$110 billion E) 5.5;$90 billion Data from Sinnoh Real interest rate Loanable Funds Demanded (percent per year) (billions of 2012 dollars) Loanable Funds Supplied (billions of 2012 NS dollars) 160 7805 40 69 160 4 140 60 PHO 80 120 80 120 100 100 100 120 80 lov 120 140 60 90 140 160 25) 25) The above table shows the market for loanable funds in Sinnoh. The govemment budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium occurs at a real interest rate of, percent and the equilibrium quantity of loanable funds is 5: $110 billion B) 6.5; $90 billion C) 6; $120 billion D) 6.5; $110 billion. E) 5.5; $90 billion
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