Answer the Question Based on the Information in the Table

question 97

Multiple Choice

$$\begin{array} { | c | c | c | c | } \hline \text { Money Supply } & \text { Money Demand } & \text { Interest Rate } & \begin{array} { c } \text { Investment (at Interest } \\\text { Rate Shown) }\end{array} \\\hline \$ 400 & \$ 600 & 2 \% & \$ 700 \\\hline \$ 400 & 500 & 3 & 600 \\\hline \$ 400 & 400 & 4 & 500 \\\hline \$ 400 & 300 & 5 & 300 \\\hline \$ 400 & 200 & 6 & 200 \\\hline\end{array}$$ Answer the question based on the information in the table. The equilibrium interest rate in this economy is

• A) 3 percent.
• B) 4 percent.
• C) 5 percent.
• D) 6 percent.

---

Definitions:

Bourdieu

Pierre Bourdieu, a French sociologist and public intellectual who is known for his theories of habitus, cultural capital, and social fields.

Wealth Gap

The significant disparity in the distribution of assets, wealth, and income between different groups within a society, often highlighting issues of inequality.

Social Honor

Social honor is the esteem, respect, or reverence accorded by a community to individuals, practices, or positions considered superior or virtuous.

Class Systems

Social stratification based on both social and economic status, which often determines access to resources, opportunities, and privileges within a society.