All of the Following Are Arguments Against Ricardian Equivalence Except

question 64

Multiple Choice

All of the following are arguments against Ricardian equivalence except consumers:

• A) make consumption decision myopically.
• B) are rational and forward looking in consumption decisionmaking.
• C) are borrowing constrained.
• D) do not expect future taxes to fall on them.

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Definitions:

Courtship Behavior

The behaviors and rituals that individuals in species engage in to attract and select a mate.

Ingratiation

A psychological technique where an individual attempts to become more attractive or likable to another, often through flattery or praise.

Self-Monitoring

The extent to which individuals regulate their behavior to fit the demands of social situations, being aware of how they are perceived by others.

Unrequited Love

Love that is not openly reciprocated or understood as such by the beloved.