-Refer to Figure 8-4

question 18

Multiple Choice

-Refer to Figure 8-4.Based on these graphs,what are the equilibrium interest rate and quantity of loanable funds exchanged?

• A) 5 percent and $1.4 trillion
• B) 5 percent and $2.2 trillion
• C) 8 percent and $1.8 trillion
• D) 8 percent and $2.8 trillion
• E) It cannot be determined with the information given.

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Definitions:

Maslow's Hierarchy

A psychological theory proposed by Abraham Maslow, outlining a five-tier model of human needs, from basic (physiological) to higher needs (self-actualization).

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Love

A profound and caring affection towards someone or something.

Postpurchase Cognitive Dissonance

The feeling of doubt or anxiety experienced by a consumer after making a significant purchase, often leading to second-guessing the decision.