Table 23.3.4

-Refer to Table 23.3.4. The table shows an economy's demand for loanable funds schedule and the private supply of loanable funds schedule when the government's budget is balanced. If the government budget deficit is $1.0 trillion, the real interest rate is ________ percent a year, the quantity of investment is ________ trillion, and the quantity of private saving is ________ trillion.
A) 7; $5.5; $8.5
B) 7; $8.5; $5.5
C) 5; $6.5; $7.5
D) 3; $6.5; $7.0
E) 5; $7.5; $6.5
Correct Answer:
Verified
Q129: Table 23.3.3 Q130: The government of Greece is running a Q131: Use the table below to answer the Q132: The Ricardo-Barro effect of a government budget
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