Business, 12.11.2019 02:31 Redhead667
Classical theorists maintain that say's law holds in a money economy, arguing that funds saved must give rise to an equal amount of funds invested via variations in the interest rate. keynes, however, argued that this is not necessarily the case. which of the following best summarizes keynes's critique of say's law and its view of saving and investment? check all that apply. saving is inversely related to the interest rate saving is more responsive to changes in income than to changes in interest rates. only investment is directly related to the interest rate. investment is affected by many factors, some of which may be more influential than the interest rate. this graph shows the aggregate demand (ad), short-run aggregate supply (sras), and long-run aggregate supply (lras) curves of an economy. point a on the graph shows the state of the economy in keynesian economists believe that the government should
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Classical theorists maintain that say's law holds in a money economy, arguing that funds saved must...
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