Assume that the united states begins deficit spending to fund new social welfare
programs.
a. using a correctly labeled loanable funds graph, show and explain the impact of
the new spending on realinterest rates in the united states.
b. explain the impact of the change in interest rates you identified in part (a) on
each of the following:
i. capital investment
ii. long-term economic growth
iii. the international value of the u. s. dollar

Ithink it is b i hope this u

Answer:     the interval on which the curve is concave up is  (-∞, -1/2)======    we find the interval where this curve is concave up by finding the interval in which the 2nd derivative is positive.differentiate the curve equation with respect to x    let the function f denote be the anti-derivative of the inside expression, i.e. a function such that .then use the fundamental theorem of calculus:     differentiate again to get second derivative. we can use chain rule with 1/x as the outside function and 1 + x + x² as the inside function    find critical numbers of the second derivative. these numbers are where the 2nd deriv. is undefined or zero.where the 2nd derivative is zero: set (d²y/dx²) to equal 0 and solve for x    where the 2nd derivative is undefined: if the denominator is equal to zero, the derivative will be undefeined. attempting to solve the equation    1 + x + x² = 0results in a discriminant of      meaning that the equal 1 + x + x² = 0 has no real solutions and therefore will never equal zero.======our only critical number is x = -1/2.this forms two intervals to test the sign for: (-∞, -1/2) and (-1/2, ∞)test values into the 2nd derivative for (-∞, -1/2)if we try x = -1, we get      so the since the 2nd derivative of the curve is positive on the interval  (-∞, -1/2), the curve is concave up on (-∞, -1/2)test values into the 2nd derivative for (-1/2, ∞)if we try x = 0, we get      so the since the 2nd derivative of the curve is positive on the interval  (-∞, -1/2), the  curve is concave down on (-∞, -1/2).the interval on which the curve is concave up is  (-∞, -1/2)