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Adjust the following graph to show the effect of a decrease in saving at any interest rate in this economy, which behaves according to the
Adjust the following graph to show the effect of a decrease in saving at any interest rate in this economy, which behaves according to the classical view. The Classical View of the Credit Market 32 db 31 - - - - - I i5 I s E l :3 I E I E I Z I I I I I I I I DOLLARS SAVED OR INVESTED which of the following is an argument by the classical economists? O The higher the interest rate is, the lower the reward is for saving. O The higher the interest rate is, the more funds rms borrow and invest. O The interest rate is exible and adjusts so that saving equals investment. 0 The lower the interest rate is, the fewer funds rms borrow and invest
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