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.
A
Economics
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Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it can charge a relatively high, collusive price. If its strategy is to charge the low price regardless of the other firms' decisions, this low-price is the
firm's A) dependent strategy. B) independent strategy. C) dominant strategy. D) positive sum strategy.
Economics
In economics, what term refers to having a lower opportunity cost than a competitor?
a. absolute advantage b. market efficiency c. comparative advantage d. negative incentive
Economics