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If the rate of interest did not equate saving and investment and total output was greater than total spending, the classical economist argued, competition would tend to force

If the rate of interest did not equate saving and investment and total output was greater than total spending, the classical economist argued, competition would tend to force
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if the rate of interest did not equate saving and investment and total output was greater than total spending, the classical economist argued, competition would tend to force

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User Madhuchhanda Mandal
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3 votes

Answer:

the interest rate to adjust and bring saving and investment into equilibrium.

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User RMu
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