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Question
The above table has the private demand for loanable funds and the private supply of loanable funds schedules. If the government budget surplus is $200 billion, and there is no Ricardo-Barro effect, the equilibrium real interest rate is ________ and the equilibrium quantity of loanable funds is ________.A) 6 percent; $600 billion
B) 4 percent; $700 billion
C) 8 percent, $500 billion
D) 8 percent; $700 billion
E) 4 percent; $500 billion
Answer
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