Solved

In the Neoclassical View of the Macroeconomy, If There Is

Question 21

Multiple Choice

In the neoclassical view of the macroeconomy, if there is not enough investment spending to use all available savings


A) the Federal Reserve will raise the interest rate.
B) the interest rate will fall.
C) excess savings will be hoarded.
D) excess savings will be used to pay taxes.

Correct Answer:

verifed

Verified

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

Related Questions

Q13: According to conservative economists, how does the

Q14: In the neoclassical view of the macroeconomy,

Q15: In the neoclassical view of the macroeconomy,

Q16: Why does the interest rate typically fall

Q17: Progressive economists argue that conservatives tend to

Q18: In the neoclassical view of the macroeconomy,

Q19: According to Say's law, a lack of

Q20: Some neoclassical economists argue that recessions are

Q22: Why are Neoclassical economists often called "equilibrium

Q23: Say's law was developed<br>A) by John Maynard