According to the Ricardian Equivalence Proposition,current Deficits

question 38

Multiple Choice

According to the Ricardian equivalence proposition,current deficits

• A)will not affect consumption or national saving.
• B)will affect consumption but not national saving.
• C)will affect national saving but not consumption.
• D)will affect both consumption and national saving.

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Definitions:

Contributory Negligence

A legal defense where if the plaintiff is found to have contributed to their own harm, they may be barred from recovering damages from the defendant.

Self-Defense

The right to prevent harm to oneself or others under threat, by use of reasonable force.

Battery

The act of causing offensive or harmful physical contact to another person intentionally or as a result of recklessness.

Assault

A civil wrong that occurs when one person intentionally and voluntarily places another in fear or apprehension of an immediate, offensive physical harm. Assault does not require actual contact.