Suppose the Following Equations Give the Demand and Supply for Loanable

question 42

Essay

Suppose the following equations give the demand and supply for loanable funds in billions of dollars;r is the real interest rate in percentage points (e.g.,if the interest rate is 5 percent,r = 5):
QD = 160-10r
QS = -20 + 20r
a)How do the demand and supply equations change if the government deficit increased by $5 billion?
b)Calculate the new equilibrium interest rate and quantity of loanable funds.(Compare this to the zero-deficit equilibrium.)
c)Calculate the changes in consumer and producer surplus due to the increase in government deficit.Who gains and who loses from the change in government deficit?

Analyze the effects of ideological reasoning on personal beliefs and societal norms.

Critically assess the benefits and limitations of ideological reasoning in ethical, political, and social contexts.

Understand the concept and evaluation of argument sourcing and the role of the argument maker's credibility.

Analyze the risks and effects associated with ideological reasoning in arguments.

---

Definitions:

FI Reinforcement Schedule

Fixed Interval Reinforcement Schedule, a reinforcement strategy where rewards are delivered at fixed intervals of time, provided that the correct response is made.

Lateral Amygdala

A part of the brain's amygdala involved in emotional responses, particularly fear and anxiety.

Central Amygdala

A section of the amygdala that appears to be responsible for the elicitation of conditioned fears and conditioned flavor aversions.

Aversion Conditioning

A method of learning involving a negative or unpleasant stimulus to create a dislike for a particular behavior.