According to the classical economists,if the quantity of money that people wanted to save was less than the amount that people wanted to invest,

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Classical economists argue that if the desire to save exceeds the desire to invest, the surplus of savings would lead to an increase in the interest rate. This is because banks and other financial institutions would have more funds to lend, leading to a competitive market where borrowers are willing to pay higher interest rates for access to the excess savings.

According to the Classical Economists,if the Quantity of Money That