Classical economists believed that if saving were greater than investment,the interest rate would _____,causing saving to _____ and investment to _____ until the two were equal.
A)rise;decrease;increase
B)fall;decrease;increase
C)fall;increase;decrease
D)rise;increase;decrease
E)fall;increase;increase

Question

Quizplus · Accepted Answer

Classical economists believed that if saving exceeded investment, the interest rate would fall, which would decrease saving and increase investment until they were equal.

Classical Economists Believed That If Saving Were Greater Than Investment,the