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Question
The Ricardo-Barro effect argues that the crowding-out effectA) is the result of a government budget surplus and higher interest rates.
B) will not occur, because the private saving supply will change to offset any change in the government budget deficit.
C) is the result of the government budget deficit and higher interest rates.
D) will occur, because the private saving supply will change to offset any change in the government budget deficit.
E) is stronger when the government runs a budget surplus than when it runs a budget deficit.
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.
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Q:
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Q:
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Q:
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