ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Use the following graph to show the effects on the Market for Loanable Funds of many people deciding to play the lottery rather than
save money for retirement:
Instructions: Drag the supply curve to illustrate the appropriate change in supply.
Market for Loanable Funds
Interest Rate
100
90
Supply (Savings)
80
70
60
50
Demand (Investment)
40
30
20
10
10 20 30 40 50 60 70 80 90 100
Dollar volume of Savings, Investment
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Transcribed Image Text:Use the following graph to show the effects on the Market for Loanable Funds of many people deciding to play the lottery rather than save money for retirement: Instructions: Drag the supply curve to illustrate the appropriate change in supply. Market for Loanable Funds Interest Rate 100 90 Supply (Savings) 80 70 60 50 Demand (Investment) 40 30 20 10 10 20 30 40 50 60 70 80 90 100 Dollar volume of Savings, Investment
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