According to the Theory of Ricardian Equivalence,tax Cuts That Have

question 62

Multiple Choice

According to the theory of Ricardian equivalence,tax cuts that have no plans to reduce government spending ______ public saving and ______ private saving.

• A) reduce; reduce
• B) reduce; increase
• C) increase; increase
• D) increase; reduce

---

Definitions:

Habitat

The natural environment in which an organism lives, grows, and thrives.

Parasitoids

Organisms, often insects, that lay their eggs on or in the bodies of other insects, eventually killing the host as the offspring develop.

Insects

Most diverse arthropod group; have six legs, two antennae, and, in most subgroups, wings.

Bacteria

Single-celled, prokaryotic microorganisms that come in various shapes and can inhabit a wide range of environments, including soil, water, and living in or on other organisms.