In 2012, the U.S. federal government had a budget deficit. If there is no Ricardo-Barro effect, the budget deficit ________ the real interest rate and ________ the equilibrium quantity of investment

A) lowered; increased
B) raised; increased
C) lowered; decreased
D) raised; decreased
E) did not change; did not change

D

Economics

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Contrary to popular belief, the richest families in the United States became slightly poorer in recent years

a. True b. False Indicate whether the statement is true or false

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