In a closed economy, should national saving exceed investment, we would expect: a.a leftward shift in the NS curve and a rightward shift of the I curve b.a fall in the real interest rate leading to less saving and more investment c.no change as long as this is an equilibrium d.a fall in the real interest rate leading to more saving and less investment
In a closed economy, should national saving exceed investment, we would expect: a.a leftward shift in the NS curve and a rightward shift of the I curve b.a fall in the real interest rate leading to less saving and more investment c.no change as long as this is an equilibrium d.a fall in the real interest rate leading to more saving and less investment
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Savings,investment And The Financial System
Section: Chapter Questions
Problem 5PA
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In a closed economy, should national saving exceed investment, we would expect:
a.a leftward shift in the NS curve and a rightward shift of the I curve
b.a fall in the real interest rate leading to less saving and more investment
c.no change as long as this is an equilibrium
d.a fall in the real interest rate leading to more saving and less investment
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