Author Question: Ricardian equivalence implies A) that when the government borrows more, the market real interest ... (Read 86 times)

cookcarl · **on:** Jun 30, 2018

Ricardian equivalence implies

A) that when the government borrows more, the market real interest rate goes up.
B) that if the government saves less, then the nation saves less.
C) that when taxes are cut people consume more.
D) that consumers will save their tax cuts to pay their future taxes.

Question 2

In the Great Depression, investment spending fell by ________.

A) nine-tenths of one percent
B) nine percent
C) ninety percent
D) nine hundred percent

Jmfn03 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

C

cookcarl · **Reply #2 on:** Jun 30, 2018

Thank you

Jmfn03 · **Reply #3 on:** Jun 30, 2018

Happy to help you

Author Question: Ricardian equivalence implies A) that when the government borrows more, the market real interest ... (Read 86 times)

cookcarl

Ricardian equivalence implies A) that when the government borrows more, the market real interest ...

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Jmfn03

Ricardian equivalence implies A) that when the government borrows more, the market real interest ...

cookcarl

Ricardian equivalence implies A) that when the government borrows more, the market real interest ...

Jmfn03

Ricardian equivalence implies A) that when the government borrows more, the market real interest ...