According to the classical economists,if the money people wanted to invest was greater than the amount people wanted to save,
A) the interest rate would fall.
B) the interest rate would rise.
C) there would be inflation.
D) there would be a recession.
Correct Answer:
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Q173: The main criticism leveled at the rational
Q174: Statement I: According to the rational expectations
Q175: According to supply-side economists,
A)high tax rates discourage
Q176: The classical economists espoused
A)the crude version of
Q177: According to the rational expectationists
A)the so-called recessionary
Q179: According to Keynes,which is the most accurate
Q180: Who said "The ideas of economists and
Q181: Keynes believed
A)recessions were temporary.
B)budget deficits were to
Q182: To the monetarists,the key to maintaining stable
Q183: The classical economists believed
A)wages and prices were
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