According to Ricardian Equivalence, crowding-out ________
A) is incomplete
B) will raise the level of domestic income
C) is complete
D) does not play a role in influencing private investment levels
D
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Would you rather receive $100 in eight years paying an interest rate of 10% or be given 48 dollars today?
A) I would rather receive 48 dollar today. B) I would rather receive $100 in eight years. C) I am indifferent between the two options. D) I cannot determine which I would prefer.
Non-transactions deposits are different from transactions deposits in that
A) transactions deposits have unlimited check writing privileges while non-transactions deposits do not. B) transactions deposits have limited check writing privileges while non-transactions deposits have unlimited check writing privileges. C) transactions deposits have no check writing privileges while non-transactions deposits do. D) transactions deposits have no check writing privileges while non-transactions deposits have limited check writing privileges.