Multiple Choice
The idea that if governments cut taxes but not spending, people will not change their behavior, and expansionary policy will have little expansionary effect is known as:
A) Ricardian equivalence.
B) Keynesian policy.
C) the invisible hand.
D) Stimulus policy.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6625/.jpg" alt=" If the economy
Q55: If the government wished to shift aggregate
Q56: In a booming economy, fiscal policy automatically
Q57: With the economy booming, the government starts
Q58: Johnny has been working a lot of
Q60: If the government increases the income tax
Q61: During times of economic boom, the spending
Q62: If the government enacts contractionary fiscal policy,
Q63: A main argument for investing in US
Q64: The process of deciding on and passing