Author Question: The classical model indicates that at the equilibrium interest rate, saving is A) equal to ... (Read 34 times)

lak

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The classical model indicates that at the equilibrium interest rate, saving is
 
  A) equal to investment.
  B) greater than investment.
  C) unnecessary for investment.
  D) less than investment.

Question 2

If the government sets a minimum price at which a good or service can be sold, it thereby creates
 
  A) a price ceiling.
  B) a black market price.
  C) a price floor.
  D) an illegal price control.



SeanoH09

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Answer to Question 1

A

Answer to Question 2

C



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