The Classical Economists Argued That Saving Is Matched by an Equal

question 172

Multiple Choice

The classical economists argued that saving is matched by an equal amount of investment because of

• A) wage flexibility.
• B) price flexibility.
• C) money flexibility.
• D) interest rate flexibility.
• E) b and c

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Definitions:

Logical

Pertaining to or characterized by clear, sound reasoning.

Succinct

Characterized by clear, precise expression in few words; concise and to the point.

Summary

A concise or comprehensive synthesis that presents the main points or highlights from a longer piece of writing or series of events.

Conclusion

The final part of something, typically a document, project, or speech, summarizing the main points or outcomes.