If Ricardian Equivalence Holds,then a $100 Million Tax Cut Financed

question 99

Multiple Choice

If Ricardian equivalence holds,then a $100 million tax cut financed by issuing government bonds means that:

• A) private saving will increase by $100 million.
• B) consumption will increase by $100 million.
• C) government spending will increase by $100 million.
• D) aggregate demand will increase by $100 million.

---

Definitions:

Online Offerings

Services, products, or courses made available to users or customers over the internet.

Humorous Profile Name

A humorous profile name is a playful or funny username chosen by a user to represent themselves on social networks, forums, or online games.

Professional Photo

A high-quality image taken by a professional photographer, often used for business, modeling, or official purposes.

Online Career Profile

A digital portfolio on the internet that showcases an individual's resume, skills, and professional achievements.