Which One of the Following Statements Is TRUE

question 104

Multiple Choice

Which one of the following statements is TRUE?

• A) In the classical model, the supply of saving is determined by the rate of interest.
• B) In the classical model, the supply of saving is determined by the level of income.
• C) In the Keynesian model, the supply of saving is determined by the rate of interest.
• D) In the Keynesian model, the supply of saving is determined by the level of investment.

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