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Question
In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. If there is no Ricardo-Barro effect and the government now runs a balanced budget,A) the interest rate will increase from 4 percent to 6 percent.
B) the equilibrium interest rate is 6 percent and investment is $1.6 trillion.
C) the equilibrium interest rate is 4 percent and investment is $1.8 trillion.
D) there is a surplus of investment funds and the interest rate falls to 4 percent.
E) there is shortage of investment funds of $0.4 trillion.
Answer
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Related questions
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