Suppose you know that the equilibrium amount of investment in the global market is $10.4 trillion, the equilibrium interest rate is 5.5%, the income tax rate is 7%, and government spending accounts for 30% of global gdp. what is the equilibrium amount of global savings, in trillions?

10.4.

Step-by-step explanation:

Given: the equilibrium amount of investment in the global market is $10.4 trillion.

the equilibrium interest rate is 5.5%, the income tax rate is 7%,

In loan-able funds market equilibrium investment should be equal to equilibrium savings. Hence global savings are also equal to $10.4 trillion.

Correct choice is 10.4.

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)

answer: b

step-by-step explanation: