In the classical model with fixed income, if the interest rate is too low, then investment is too and the demand for output the supply.
A) high; exceeds
B) high; falls short
C) of low; exceeds
D) low; falls short of
Correct Answer:
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Q64: In examining the impact of fiscal policy,
Q67: Government transfer payments:
A)are included as part of
Q75: In a classical model with fixed factors
Q76: National saving refers to:
A)disposable income minus consumption.
B)taxes
Q77: The demand for the economy's output:
A)is always
Q79: In the classical model with fixed output,
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A) income minus consumption minus
Q96: National saving is:
A) private saving.
B) public saving.
C)
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A) always positive.
B) always negative.
C)
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