The savings rate ________ over the long run but ________ over the short run

A) is constant as Keynes assumed; varies as Friedman assumed
B) is constant as Friedman assumed; varies as Keynes assumed
C) is constant as Friedman assumed; varies as Friedman assumed
D) varies as Keynes assumed; varies as Keynes assumed

C

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Refer to Table 19-18. What is real GDP in 2016, using 2011 as the base year?

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How might financial deepening contribute to poverty reduction?

What will be an ideal response?

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