Question

In 2009, the Lee family had disposable income of $70,000, wealth of $280,000, and an expected future income of $70,000 a year Real interest rate (percent per year) 7.0 At a real interest rate of 2 percent a year, the Lee family saves $10,000 a year, at a real interest rate of 4 percent a year, they save $15,000 a year, and at a real interest rate of 6 percent, they save $20,000 a year. 6.0- 5.0 Draw a point to show the quantity of loanable funds supplied by the Lee family when the real interest rate is 1) 2 percent a year. Label 1 2) 4 percent a year. Label it 2. 3) 6 percent a year. Label it 3 4.0 3.0- Draw the Lee family's supply of loanable funds curve through the points. Label it 2어 8 10 12 146 18 20 22 Loanable funds (thousands of dollars per year) Draw only the objects specified in the question.

Answer 1

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Lobel 3 s-oか Supply Ccrove 2-O- 卜p. 8 10 12 16 18 2O 22 〉 2 percent-Label ''t.1 $10000 , a percer tara it3. 20.00。

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