please use the graph to answer the given questions. assume the people act rationally. a graph with the interest rate as a percentage on the vertical axis which runs from 0 to 18 in increments of 2 and quantity of loanable funds in billions of dollars on the horizontal axis which runs from 0 to 90 in increments of 10. the graph contains an upward sloping supply curve and a downward sloping demand curve. the two curves intersect at a quantity of 50 and an interest rate of 10 percent. the graph also contains a point labeled a which is on the demand curve at a quantity of 70 and an interest rate of 6 percent. which of the statements best describes a situation represented by point a? wayne projects that if he takes out a loan to open another gym franchise, he will earn a lower return than the interest rate he would have to pay, so he decides against it. carly decides against purchasing a corporate bond because she has another investment opportunity that returns 14%. janine predicts that, if she borrows to expand operations, she will earn a rate of profit higher than the interest rate of the loan. so, she decides to take out the loan. jeff agrees to lend money to his brother, who plans to use the funds to open a shoe store. given the market conditions, what will be the prevailing interest rate? 6% 10% 2% 18% 14% given the market conditions, how much will be available in loanable funds? $70 billion $10 billion $50 billion $90 billion $30 billion
