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Author Question: The proposition that an increase in the federal budget deficit caused entirely by a current tax cut ... (Read 56 times)

jrubin

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on: Jun 30, 2018
The proposition that an increase in the federal budget deficit caused entirely by a current tax cut has no effect on aggregate demand is called the
 
  A) Ricardian equivalence theorem. B) interest rate effect.
  C) indirect effect. D) open-economy effect.

Question 2

The aggregate price level is likely to rise if ________.
 
  A) the long-run real interest rate rises B) the long-run nominal interest rate rises
  C) the stock of money grows faster than real GDP D) real GDP grows faster than the stock of money
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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durant1234

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jrubin

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

yeungji

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Reply 3 on: Yesterday
Excellent

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