Answer the Question Using the Table

question 223

Multiple Choice

Answer the question using the table. Figures are in billions of dollars. The equilibrium interest rate and quantity of loanable funds demanded and supplied in this market will be

• A)8 percent and $14 billion.
• B)10 percent and $18 billion.
• C)12 percent and $22 billion.
• D)14 percent and $26 billion.

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Definitions:

Feedback

Information or opinions about something, used as a basis for improvement or adjustment.

Backchannel

A secondary or covert route of communication used for private conversation or feedback during a public exchange.

Electronic Communication

The transmission of information using electronic means such as email, instant messaging, social media, and websites.

Nonverbal Cues

Communication signals that are not spoken or written but are expressed through body language, facial expressions, and other physical behaviors.