This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Eisenhower's conservative policies were characterized by budget surpluses that produced further ... (Read 71 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Eisenhower's conservative policies were characterized by budget surpluses that produced further declines in price levels.
 
  Indicate whether the statement is true or false

Question 2

Suppose that most government spending was on capital goods that contribute to economic growth. How would that affect the Ricardian equivalence debate?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

A key link in the logic of Ricardian equivalence is that tax cuts today must result in tax increases in the future. If instead it is anticipated that economic growth will generate the tax revenue required to repay government debt, then today's decrease in government saving need not be matched by an increase in private saving. Consumption may rise, and some private investment may be crowded out.


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ... Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ...
A chest X-ray showing pneumonia characterized by the patch of gray-white areas. A chest X-ray showing pneumonia characterized by the patch of gray-white areas.
How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ... How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ...
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
Video: Peptide Bond Formation Animation

For a complete list of videos, visit our video library