Which statement best characterizes the classical economists' view of saving and investment?
A) Saving exceeds investment.
B) Saving is less than investment.
C) Saving equals investment.
D) Saving and investment are not related to one another.
C
Economics
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To change the rate of growth of the money supply, the Fed can do all but which one of the following?
A) Shift the demand for money curve by changing the interest rate. B) Engage in open market operations. C) Change the discount rate. D) Change the required reserve ratio.
Economics
A trade surplus means:
A) the country has positive net savings, which it lends abroad. B) the country has negative net savings, which it lends abroad. C) the country has positive net savings, which it borrows from abroad. D) the country has negative net savings, which it borrows from abroad.
Economics