Multiple Choice
According to the Ricardian equivalence proposition,current deficits
A) will not affect consumption or national saving.
B) will affect consumption but not national saving.
C) will affect national saving but not consumption.
D) will affect both consumption and national saving.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q33: Suppose that all workers place a value
Q34: The amount by which government purchases and
Q35: Seignorage is the revenue a government raises
Q36: The current deficit minus net interest is
Q37: The average cost of the distortion created
Q39: The largest source of tax receipts for
Q40: The revenue that a government raises by
Q41: To earn a higher return on the
Q42: From 1995 to 2001,the debt-GDP ratio in
Q43: All of the following are government capital