According to Classical Economists,if the Amount of Funds Households Save

question 165

Multiple Choice

According to classical economists,if the amount of funds households save is greater than the amount of funds firms invest,then

• A) the interest rate will fall,ultimately moving to a level where the amount of funds households plan to save equals the amount of funds firms plan to invest.
• B) the interest rate will rise,ultimately moving to a level where the amount of funds households plan to save equals the amount of funds firms plan to invest.
• C) the interest rate will remain constant and people will simply buy more goods.
• D) more money will he used for leisure purposes,since households save in order to consume leisure at some later time.
• E) none of the above

Describe the bodily systems involved in stress responses.

Understand the concept and implications of dissociative amnesia and fugue.

Understand the concept of market structures and the characteristics of perfect competition.

Comprehend how firms in perfectly competitive markets determine their price and quantity of output.

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Definitions:

Domestic Buyers

Individuals or entities within a country that purchase goods or services from sources within the same country.

Tariff

A tax imposed by a government on imports or exports of goods, often used to protect domestic industries or generate revenue.

Quantity of Imports

The total amount of goods and services brought into a country from abroad for domestic consumption.

Equilibrium

A condition where the supply and demand in the market are in equilibrium, leading to stable pricing.