The above schedule indicates that if the real interest rate is 8 percent, then:
A)we cannot tell what volume of investment will be profitable.
B)$30 billion will be both saved and invested.
C)$30 billion of investment will be undertaken.
D)$60 billion of investment will be undertaken.
Answer:C
The above schedule indicates that if the real interest rate is 8 percent, then:
A)we cannot tell what volume of investment will be profitable. B)$30 billion will be both saved and invested. C)$30 billion of investment will be undertaken. D)$60 billion of investment will be undertaken.