Question
Assume a closed economy with government. if investment is greater than savings, economic activity will witness: Investment and savings have nothing to do with economic
Assume a closed economy with government. if investment is greater than savings, economic activity will witness:"
Investment and savings have nothing to do with economic activity.
Cannot be determined.
an expansion.
A contraction.
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
