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The Classical Economists Assumed That Savings and Investment Are Equal

Question 24

Multiple Choice

The classical economists assumed that savings and investment are equal because:


A) the interest rate brings savings into equality with investment.
B) the only reason investment occurs is to utilize funds that have been saved.
C) saving and investing are typically carried out by the same individuals in society.
D) savers and investors base their decisions on tax laws, which tend to coordinate their actions.

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