Use the Table Below to Answer the Following Questions

question 54

Multiple Choice

Use the table below to answer the following questions.
Table 23.2.2
The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule.

-Consider Table 23.2.2. What is the equilibrium quantity of investment?

• A)$6.5 trillion
• B)$6.0 trillion
• C)$5.5 trillion
• D)$5.0 trillion
• E)$4.5 trillion

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Definitions:

Offeree

The person to whom an offer is made, typically in the context of contracts, where the offeree can accept, reject, or counteroffer.

Present Intent

The current intention to perform an act or claim a legal right.

Contractual Conditions

Essential terms and stipulations defined in a contract that must be met for the contract to be considered fulfilled.

Offer In Definite Terms

A proposal made with specific conditions clearly stated, necessary for the formation of a legally binding contract.