Question: Need Help The table sets out the data for an economy when the govemment's budget is balanced. Calculate the equilibrium real interest rate, investment, and

Need Help

Need Help The table sets out the data for an economy when

The table sets out the data for an economy when the govemment's budget is balanced. Calculate the equilibrium real interest rate, investment, and private saving. If planned saving decreases by $1 billion at each real interest rate, explain the change in the real interest rate and investment. If planned investment decreases by $1 billion at each real interest rate, explain the change in saving and the real interest rate. The real interest rate is 3 percent a year. >>> Answer to 1 decimal place. The quantity of investment is $ billion, and the quantity of private saving is $ billion . Real Loanable funds Loanable funds misfit?\" demanded supplied Pp: year) (billions of 2007 dollars) 2 8.0 6.0 3 7.0 7.0 4 6.0 8.0 5 5.0 9.0 6 4.0 10.0 7 3.0 11.0 8 2.0 12.0

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