Author Question: A reasonable estimate of the world's population that lives on less than 1.5 per day is A) 40 ... (Read 42 times)

Medesa · **on:** Jun 30, 2018

A reasonable estimate of the world's population that lives on less than 1.5 per day is

A) 40 percent. B) 80 percent. C) 50 percent. D) 20 percent.

Question 2

To the extent that the Ricardian equivalence theorem is true, which of the conditions below will hold?

A) Increases in the government budget deficit will not affect aggregate demand.
B) Investment spending will not be considered part of aggregate demand.
C) The long-run aggregate supply curve will not be vertical.
D) Exports will not be considered part of aggregate demand.