-In the above figure, if the real interest rate is 6 percent, the quantity of loanable funds demanded is
A) $150 billion.
B) $300 billion.
C) $450 billion.
D) $600 billion.

Question

-In the above figure, if the real interest rate is 6 percent, the quantity of loanable funds demanded is
A) $150 billion. 
B) $300 billion. 
C) $450 billion. 
D) $600 billion.

Quizplus · Accepted Answer

At a 6 percent real interest rate, the demand curve intersects at the quantity of $450 billion, indicating the quantity of loanable funds demanded at that interest rate.

-In the Above Figure, If the Real Interest Rate Is