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Mandolina Mandolina
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7 years ago
In the classical model, an increase in saving by households would
A) result in unemployment.
B) lower the interest rate and stimulate investment.
C) cause the interest rate to rise, leading to higher prices and greater profits for businesses.
D) mean a higher level of consumption spending.
E) lower spending by foreigners.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Mandolina Author
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7 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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