Chat with AI
Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 2
According to the classical economists, if the quantity of money that people wanted to save was greater than the amount that people wanted to invest, _________.
A) there would be a recession
B) there would be inflation
C) the interest rate would fall
D) the interest rate would rise
A) there would be a recession
B) there would be inflation
C) the interest rate would fall
D) the interest rate would rise
Explanation
Verified
Verified
The option a is the incorrect option as ...
Economics 11th Edition by Stephen Slavin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
