(01.06 MC) The following table shows the demand, supply, and…

(01.06 MC) The following table shows the demand, supply, and prices for books in the market. What is the equilibrium price for books, and how is the market impacted if the price rises above equilibrium level? Price (per unit) Quantity demanded (in thousands) Quantity supplied (in thousands) $10 19 39 $8 21 32 $6 25 25 $4 28 19 $2 34 11

(04.07 MC) Use the graph to answer the question that follows…

(04.07 MC) Use the graph to answer the question that follows.Assume that the loanable funds market is in equilibrium, as shown in the graph. If households become concerned about retirement income and spend less, what will happen in this market for loanable funds?