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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Definitions:

Religious Beliefs

The faith or convictions regarding the existence, nature, and worship of a deity or deities, and the values and rituals associated with such belief.

Enhances Diversity

Improves the variety of thought, experience, and background among a group or organization's members, contributing to innovation and inclusivity.

Effectively

In a manner that produces the intended result or a successful outcome.

False Assumption

An incorrect belief or premise that may lead to erroneous conclusions or actions.