Table 26-1 ​
-Refer to Table 26-1

question 80

Multiple Choice

Table 26-1. The following table presents information about a closed economy whose market for loanable funds is in equilibrium.
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$$\begin{array} { | l | l | } \hline \text { GDP } & \$ 8.3 \text { trillion } \\\hline \text { Consumer Spending } & \$ 5.1 \text { trillion } \\\hline \text { Taxes Minus Transfers } & \$ 1.9 \text { trillion } \\\hline \text { Government Purchases } & \$ 0.5 \text { trillion } \\\hline\end{array}$$ ​
-Refer to Table 26-1. The quantity of loanable funds demanded is

• A)$2.7 trillion.
• B)$1.3 trillion.
• C)$3.2 trillion.
• D)$6.4 trillion.

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Definitions:

Experimental Group

The group in an experiment that receives the variable being tested, which contrasts with the control group that does not receive the test variable.

Spaced Practice

A learning technique that involves breaking up studying into shorter sessions over a longer period, improving retention over time.

Overlearning

The continued practice or study of material or skills past the point of initial mastery, leading to automaticity and long-term retention.

Effective Mastery

The ability to gain skillful control or achieve a high level of competence in a particular area of activity or knowledge.