Author Question: The classical model indicates that at the equilibrium interest rate, saving is A) equal to ... (Read 33 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?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

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?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library