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alireads alireads
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A year ago

The diagram below shows Households' Supply of Saving and Firm's Investment Demand, with an interest rate i and investment (and saving) I.

Short description: A graph plots I against i. Long description: The horizontal axis representing I ranges from 0 to 1500, in increments of 300. The vertical axis representing i ranges from 0 to 3.00, in increments of 0.25. The graph shows two lines. The line representing I passes through the following points: (300, 2.50), (600, 2.00), (900, 1.50), (1200, 1.00), and (1500, 0.50). The line representing S passes through the following points: (600, 0.50), (750, 1.00), (900, 1.50), (1050, 2.00), and (1200, 2.50). The two lines intersect at (900, 1.50).

FIGURE 15-4

Refer to Figure 15-4. At a 1.50% interest rate, households will plan to save



▸ $600.

▸ $750.

▸ $900.

▸ $1050.

▸ $1200.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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carducbcarducb
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A year ago
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alireads Author
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Helped a lot
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