Problem
In the graph, draw a demand for loanable funds. Add a supply of loanable funds that are available for home mortgages and identify the market rate of interest for mortgages and the quantity of funds lent. Lenders are less willing to lend for new car loans than for homes, so draw a second supply curve representing the supply of loanable funds for new car loans. Identify the rate of interest and quantity of funds lent for purchasing new cars.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.