Author Question: The classical model indicates that at the equilibrium interest rate, saving is A) equal to ... (Read 91 times)

lak

  • Hero Member
  • *****
  • Posts: 546
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

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library