Ricardian Equivalence Holds

question 39

Multiple Choice

Ricardian equivalence holds:

• A)only for year to year changes in the governments budget.
• B)no matter how long until the bonds are to be paid off.
• C)only with a government deficit not a surplus.
• D)only with a government surplus not a deficit.

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Definitions:

SJSU Freshmen

A specific group of first-year students at San Jose State University.

Average College Freshman

A hypothetical or statistical representation of an incoming college student based on average attributes or characteristics.

Z-test

A Z-test is a statistical test used to determine whether two population means are different when the variances are known and the sample size is large.