Author Question: According to classical economists, the credit market reaches an equilibrium when A) desired ... (Read 94 times)

Arii_bell · **on:** Jun 30, 2018

According to classical economists, the credit market reaches an equilibrium when

A) desired investment equals desired saving.
B) desired investment equals planned changes in aggregate supply.
C) desired investment equals planned investment.
D) planned investment equals government expenditures.

Question 2

The Law of Supply states that:

A) supply creates its own demand.
B) the quantity supplied of a good will always equal the quantity of the good demanded.
C) the quantity supplied of a good rises when the price rises.
D) at the equilibrium price, there is always some excess supply in the market.