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1.67 pts Question 54 In the loanable funds market, the adjusts to balance the quantity of funds demanded and the quantity of
Question 55 In the loanable funds market the demand for funds comes from O firms who want to borrow to pay for new capital o
30 at 8:32am nstructions Question 56 167 pts Your annual salary at your job is $44,542, and must pay 18% of your income in ac
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Answer #1

54) interest rate

55) firms who want to borrow to pay for new capital

56) After tax income = 44542 x (1 - 18%) = 36524.44

Consumption spending = (1 - 10%) x 36524.44 = 32872

Amount left for consumption spending (each month) = 32872/12 = $ 2739.33

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