Author Question: The classical model indicates that at the equilibrium interest rate, saving is A) equal to ... (Read 80 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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

For a complete list of videos, visit our video library