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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 14
Circle the letter that corresponds to the best answer. According to the classical economists, if the amount of money people are planning to invest is greater than the amount that people want to save, ________.
A) interest rates will rise and saving will rise
B) interest rates will fall and saving will fall
C) interest rates will fall and saving will rise
D) interest rates will rise and saving will fall
A) interest rates will rise and saving will rise
B) interest rates will fall and saving will fall
C) interest rates will fall and saving will rise
D) interest rates will rise and saving will fall
Explanation
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Classical economists say that, if the pe...
Macroeconomics 11th Edition by Stephen Slavin
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