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The Ricardo- Barro Effect Proposes That

Question 188

Multiple Choice

The Ricardo- Barro effect proposes that


A) people expect lower disposable incomes in the future if the government runs a deficit.
B) tax payers do not have the ability to neutralize the effects of government deficits.
C) interest rates rise because of government deficits.
D) people expect government budget deficits to increase their incomes.

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