In the Keynesian model when desired investment exceeds desired saving,

If social returns to the production of a good are greater than private returns, then we can conclude that relative to the social optimum, the good will be

A) over produced and under priced. B) under produced and over priced. C) over produced and over priced. D) under produced and under priced. E) None of the above.

Brazil, Russia, and Thailand are referred to as:

A. Industrially advanced countries B. Middle-income developing countries C. Low-income developing countries D. Command economies