After a report by newspapers that savings was at an all time low, households begin to save more for retirement. a. Using a correctly labeled loanable funds graph, show and explain how the change in savings will impact real interest rates in the United States in the short-run. b. Assume the nominal interest rate is currently at 8% and there is no expected inflation. If the government announced a 3% expected inflation rate, determine the value of each of the following: i. new nominal interest rate ii. new real interest rate c. Explain how the change in real interest rates identified in part (a) would affect investment spending by businesses.

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.