Classical Economists Believed That If Saving Were Greater Than Investment,the

question 103

Multiple Choice

Classical economists believed that if saving were greater than investment,the interest rate would _____,causing saving to _____ and investment to _____ until the two were equal.

• A)rise;decrease;increase
• B)fall;decrease;increase
• C)fall;increase;decrease
• D)rise;increase;decrease
• E)fall;increase;increase

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Heroin

An opioid drug made from morphine, known for its high potential for addiction and serious health risks.

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Lysergic acid diethylamide, a psychedelic drug known for its psychological effects, including altered thinking processes and perceptions.

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Substances that are legally available for consumption, including alcohol, nicotine, and prescription medications.

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A chemical substance, ethyl alcohol or ethanol, found in drinks such as beer, wine, and spirits, that can alter consciousness and is often used socially.