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# The following table lists some economic agents and their intentions. At present the interest rate is ...

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The following table lists some economic agents and their intentions. At present the interest rate is 5 percent.

 Who Intent Amount Needed Mike Save for child's college $50,000 Sophie Buy a car$10,000 Pie's Pizza Expand restaurant $100,000 Sara Save for retirement$100,000

Refer to the table above. What further information would help construct the supply curve in the credit market in this case?

▸ As the interest rate decreases to 3 percent, Pie's Pizza and Sophie decide to take out loans of $110,000 and$12,000, respectively.

▸ The interest rate will increase to 6 percent.

▸ As the interest rate increases to 6 percent, Pie's Pizza and Sophie decide to take out loans of $110,000 and$12,000 respectively.

▸ As the interest rate increases to 6 percent, Mike and Sara decide to save $55,000 and$130,000, respectively.
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## Macroeconomics

Edition: 3rd
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tulipfiascotulipfiasco
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