Which government policy is the principal focus of Ricardian Equivalence?
A) tax cuts
B) government spending increases
C) government borrowing
D) seignorage
A
Economics
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The loan market is in equilibrium. If the demand for land decreases, the rental rate of land ________
A) might rise or fall B) rises C) falls D) remains unchanged
Economics
Select the normative statement that completes the following sentence: If the minimum wage is raised:
a. cost per unit of output will rise. b. workers will gain their rightful share of total income. c. the rate of inflation will increase. d. profits will fall.
Economics