Given the information in Figure 1 , and assuming an interest rate of 15 percent: (a) Will

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Given the information in Figure 1 , and assuming an interest rate of 15 percent:

(a) Will the economy be at equilibrium?

(b) Will savings equal investment?

(c) What will happen, according to the classical economists? ( LO3 , 6 )

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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