Maurice Tutor

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Category > Economics Posted 13 May 2018 My Price 3.00

Riccardian equivalence

Riccardian equivalence argues that the government deficit a. leads to a decrease in investment and possibly net exports. b. does not constitute a problem, due to simultaneous increases in saving. c. places a significant burden on future generations, because the deficit retards the necessary acquisition of capital equipment. d. results in unchanged interest rates, since the Federal Reserve will simultaneously increase the nominal money supply. e. adds to the number of physicians in the Buffalo area.

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Maurice Tutor
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Status NEW Posted 13 May 2018 02:05 PM My Price 3.00

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