The Ricardo-Barro effect argues that the crowding-out effect
A) is the result of the government budget deficit and higher interest rates.
B) will occur, because the private saving supply will change to offset any change in the government budget deficit.
C) is stronger when the government runs a budget surplus than when it runs a budget deficit.
D) is the result of a government budget surplus and higher interest rates.
E) will not occur, because the private saving supply will change to offset any change in the government budget deficit.
E
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In order to formulate whether or not the alternative hypothesis is one-sided or two-sided, you need some guidance from economic theory
Choose at least three examples from economics or other fields where you have a clear idea what the null hypothesis and the alternative hypothesis for the slope coefficient should be. Write a brief justification for your answer. What will be an ideal response?
Explain how each of the following changes the money supply
a. the Fed buys bonds b. the Fed auctions credit c. the Fed raises the discount rate d. the Fed raises the reserve requirement
We can measure total consumer surplus for good X as the:
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For this question, assume that expectations of productivity are slow to adjust. Further assume that A had been increasing by 2% a year. Now suppose that A increases by 5% in period t. This increase in productivity growth will cause
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