Given: LFd = 24 – 3R LFs = -6 + 2R If more optimistic prospects increase...

Given:

LF^d = 24 – 3R

LF^s = -6 + 2R

If more optimistic prospects increase LF^d by 20 and if more incentives to save increase LF^s by 10, find the new equilibrium value of R ___.

Select one:

A. 4

B. 5

C. 6

D. 7

E. 8

Solutions

Expert Solution

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Rahul Sunny answered 2 years ago

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