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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 8
According to the classical economists, if the amount of money people are planning to invest is greater than theamount 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...
Economics 11th Edition by Stephen Slavin
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