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Question
A prediction of the Ricardo-Barro effect isA) a larger increase in the real interest rate when the government runs a budget deficit.
B) a larger decrease in the real interest rate when the government runs a budget surplus.
C) no effect on the real interest rate when the government runs a budget deficit.
D) a larger decrease in investment when the government runs a budget deficit.
E) a larger decrease in investment when the government runs a budget surplus.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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Q:
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Q:
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Q:
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Q:
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