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Use the Table Below to Answer the Following Question

Question 128

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Use the table below to answer the following question.
Table 23.3.1
Data from Northland
Use the table below to answer the following question. Table 23.3.1 Data from Northland -Refer to Table 23.3.1. Table 23.3.1 shows the market for loanable funds in Northland. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium has a real interest rate of ________ percent and quantity of loanable funds traded equal to ________. A) 6.5; $110 billion B) 6.5; $90 billion C) 5.5; $90 billion D) 5.5; $110 billion E) 6; $120 billion
-Refer to Table 23.3.1. Table 23.3.1 shows the market for loanable funds in Northland. The government budget is balanced. If the government moves from a balanced budget to a surplus of $20 billion, the new equilibrium has a real interest rate of ________ percent and quantity of loanable funds traded equal to ________.


A) 6.5; $110 billion
B) 6.5; $90 billion
C) 5.5; $90 billion
D) 5.5; $110 billion
E) 6; $120 billion

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