Author Question: Most likely, the stock market crash in 1929 was triggered by ________. A) an autonomous ... (Read 73 times)

kamilo84 · **on:** Jun 30, 2018

Most likely, the stock market crash in 1929 was triggered by ________.

A) an autonomous tightening of monetary policy
B) an unexpected increase in tax rates
C) the rise of fascist political parties in Europe
D) a decline in consumer spending

Question 2

If government spending is held constant and Ricardian equivalence holds,

A) an increase in the government budget deficit is always matched by a reduction in private savings.
B) an increase in government savings is always matched by an increase in the government budget deficit.
C) an increase in government savings is always matched by an equal increase in private savings.
D) an increase in government savings is always matched by an equal reduction in private savings.