In the Classical interest theory, saving and investment determine
A) the price level.
B) unemployment.
C) the money supply.
D) interest rates.
D
Economics
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In order to be binding, a price floor
A) must lie below the free-market equilibrium price. B) must coincide with the free-market equilibrium price. C) must be high enough for firms to earn a profit. D) must lie above the free-market equilibrium price.
Economics
The author of the book An Inquiry into the Nature and Causes of the Wealth of Nations is
A. Adam Smith. B. Donald Trump. C. Janet Yellen. D. Thorstein Veblen.
Economics