Multiple Choice
If government spending does not change,an increase in the government deficit leads to
A) an increase in current consumption.
B) a decrease in current consumption.
C) no change in current consumption.
D) it depends on the marginal propensity to consume.
Correct Answer:
Verified
Correct Answer:
Verified
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Q5: Which condition would generate a violation of
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Q7: Which of the following is not a
Q8: For a borrower in a (c,c')graph,the optimal
Q10: For a lender,an increase in the real
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Q12: The Ricardian Equivalence says<br>A) whatever the level
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Q14: A temporary increase in income today leads