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:

Nematodes

A phylum of worm-like organisms known as roundworms, which can be found in various habitats and play diverse ecological roles.

Cnidarians

A phylum of aquatic invertebrate animals that includes corals, jellyfish, sea anemones, and hydras, characterized by their cnidocytes, stinging cells used for prey capture and defense.

Antennae

Sensory appendages found on the heads of insects and some other arthropods, used for sensing the environment.

Arthropods

A large group of invertebrate animals characterized by exoskeletons, segmented bodies, and jointed legs, including insects, arachnids, and crustaceans.