1. Long – run equilibrium
2. Saving is a social virtue.
3. The function of money is to act as a medium of exchange
4. Micro foundation to macro problems
5. Champions of Laissez-fair policy
6. Applicable only to the full employment situation.
7. Capitalism is well and good.
8. Balanced budget
9. The equality between saving and investment is achieved through changes of rate of interest.
10. Rate of interest is determined by saving and investment.
11. Rate of interest is a stock.
12. Supply creates its own demand.
13. Rate of interest is a reward for saving.
