The Ricardo-Barro Effect Asserts That

question 206

Multiple Choice

The Ricardo-Barro effect asserts that

• A) government saving affects private saving.
• B) government budget deficits crowd out private borrowing.
• C) government expenditure affects private expenditure.
• D) taxation raises interest rates.

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Definitions:

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A foundational document that outlines the principles, powers, and structure of a government.

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