Which one of the following statements is most accurate? A. Ricardian equivalence refers to individuals having no
Question:
Which one of the following statements is most accurate?
A. Ricardian equivalence refers to individuals having no idea of future tax liabilities.
B. Governments do not allow political pressures to influence fiscal policies but do allow voters to affect monetary policies.
C. If there is high unemployment in an economy, then easy monetary and fiscal policies should lead to an expansion in aggregate demand.
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