In Figure 11-2, if planned saving was less than planned investment, what would be true of the

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In Figure 11-2, if planned saving was less than planned investment, what would be true of the interest rate in relation to its equilibrium value? How would the interest rate adjust?

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Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

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Question Posted: Jun 23, 2017 08:34 AM

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In Figure 11-2, if planned saving was less than planned investment, what would be true of the

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Desired saving is below desired investment if the interest rate is below its eq...View the full answer

Economics Today The Macro View

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