Figure 32-1
-Refer to Figure 32-1. In the figure shown, if the real interest rate is 6 percent, what is the result?
A)a surplus of $4000
B)surplus of $2000
C)shortage of $4000
D)shortage of $2000

Question

Figure 32-1 
-Refer to Figure 32-1. In the figure shown, if the real interest rate is 6 percent, what is the result?
A)a surplus of $4000 
B)surplus of $2000 
C)shortage of $4000 
D)shortage of $2000

Quizplus · Accepted Answer

If the real interest rate is 6 percent, the supply of loanable funds exceeds the demand by $2000, resulting in a surplus.

Figure 32-1 -Refer to Figure 32-1. in the Figure Shown, If the Shown