One Similarity Between the Beliefs of the Classical Economists and Keynes

question 176

True/False

One similarity between the beliefs of the classical economists and Keynes is that increased saving would necessarily stimulate an equal amount of increased investment spending.

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Definitions:

ADP

Adenosine diphosphate, a molecule involved in energy transfer within cells.

Fermentation

A metabolic process that converts sugar to acids, gases, or alcohol in the absence of oxygen.

Gravity

A natural phenomenon by which all things with mass or energy are brought toward one another, including objects ranging from subatomic particles to planets and stars.

Energy

The capacity to do work or produce change, present in many forms such as kinetic, thermal, electrical, and chemical.