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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349553
Introduction to Economics 2 Deneme Sınavı Sorusu #349553
Which of the following is the variable that equates savings to investments in the Classical approach?
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Exchange rate
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Interest rate
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Disposable income
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Price level |
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Taxes |
Yanıt Açıklaması:
According to Classical economists, interest rate is the key variable to provide this equality. This interest rate, which is determined on the loanable funds market, will change so as to ensure that the funds provided as a result of savings are equal to the funds requested for investments.
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