When the deficit increases under the concept of Ricardian ...

[karlynnae]

When the deficit increases under the concept of Ricardian Equivalence, what happens to savings in the private sector?
 
  A) savers hedge on purchases B) nothing
  C) savings decrease D) savings increase

Question 2

The price level is held constant when moving along the planned expenditures curve.
 
  Indicate whether the statement is true or false

[T4T]

Answer to Question 1

D

Answer to Question 2

TRUE