If the Rate of Interest Did Not Equate Saving and Investment

question 137

Multiple Choice

If the rate of interest did not equate saving and investment and total output was greater than total spending,the classical economist argued,competition would tend to force

• A)product and resource prices down.
• B)product prices up and resource prices down.
• C)product prices up and resource prices up.
• D)product prices down and resource prices up.

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Definitions:

Influence Bosses

Strategies or actions aimed at affecting the decisions, behaviors, or perceptions of one's direct superior.

Internal Attribution

The process of explaining one's own behavior or that of others by attributing causes to internal factors, such as personality or character.

Follower Ability

The competence or skill level of followers that can impact their performance and the extent to which they can be led effectively.

Follower Effort

The level of diligence and hard work exhibited by followers or subordinates in pursuit of goals.