Solved

According to the Classical Economists,which of the Following Statements Is

Question 154

Multiple Choice

According to the classical economists,which of the following statements is false?


A) There is a direct relationship between the amount individuals save and the interest rate.
B) There is a direct relationship between the amount business firms invest and the interest rate.
C) As the interest rate rises,the quantity supplied of loanable funds rises.
D) Interest rate flexibility will ensure that saving is equal to investment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q149: Which of the following statements is true?<br>A)

Q150: For saving to increase,consumption must decrease,ceteris paribus.

Q151: According to Say's law,there can be<br>A) neither

Q152: If the economy is currently in a

Q153: The long-run aggregate supply (LRAS)curve is<br>A) horizontal.<br>B)

Q155: Suppose the AD curve and the SRAS

Q156: A recessionary gap exists if (actual)Real GDP

Q157: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q158: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q159: Describe the difference between business-cycle macroeconomics and