According to the classical economists,if the amounts of money people are planning to invest is greater than the amount that people want to save,
A) interest rates will rise and savings will rise.
B) interest rates will fall and savings will fall.
C) interest rates will fall and savings will rise.
D) interest rates will rise and savings will fall.
Correct Answer:
Verified
Q9: At equilibrium GDP
A)Savings = investment,but aggregate demand
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Q11: When the average price level in the
Q12: Laissez-faire economics was advocated by
A)both Keynes and
Q13: Our economy is always tending towards full
Q15: According to Keynes an equilibrium below full
Q16: According to Keynes,at equilibrium,aggregate demand will always
Q17: When Henry Ford doubled his worker's wages
Q18: Which of the following statements is FALSE?
A)Until
Q19: At equilibrium GDP,aggregate demand _ aggregate supply
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