Assuming That the Ricardian Equivalence Theorem Is TRUE, Which of the Conditions

question 68

Multiple Choice

Assuming that the Ricardian equivalence theorem is TRUE, which of the conditions below will hold?

• A) An increase in the government budget deficit will not affect aggregate demand.
• B) Exports will not be considered part of aggregate demand.
• C) Investment spending will not be considered part of aggregate demand.
• D) The long-run aggregate supply curve will not be vertical.

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Civil Rights Movement

An era of struggle for equal rights in the United States that encompassed efforts to eliminate segregation and achieve equality under the law for African Americans.

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The fundamental right of individuals to control their own labor and property, and to participate in markets freely.

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