The classical theory predicts that decreases in the supply of savings will _______ interest rates and _______ investment.
Fill in the blank(s) with the appropriate word(s).
raise; decrease
Economics
You might also like to view...
All people in the working-age population can be divided into
A) labor force participants. B) employed, unemployed, or not in the labor force. C) either over-employed or under-employed. D) potential employees.
Economics
In the long run, monetary policy can
a. change the form of inflation b. change the type of unemployment c. change the level of unemployment d. stop the flow of currency abroad e. change the rate of inflation
Economics
Which of the following is not considered a renewable resource?
A. Sunlight B. Wind C. Fish in the ocean D. All of these are renewable resources.
Economics
In which of the following years was a tax cut ineffective in stimulating aggregate demand?
A. 1964 B. 1975 C. 1981 D. 1999
Economics