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Hello: I need help with the following questions: Question 1: When U.S. net exports are negative, U.S. exports are than US. imports and the United
Hello: I need help with the following questions:
Question 1:
When U.S. net exports are negative, U.S. exports are than US. imports and the United States is foreigners. O a. less; borrowing from O b. greater; borrowing from O c. greater; lending to Q d. less; lending to According to the Ricardian Equivalence, a tax cut will have expansionary effect on the economy if economic units believe that the budget decit due to the tax cut will be 0 a. paid for by future increase in money supply. 0 b. paid for by future decrease in government spending. 0 c. paid for by future increase in government borrowing. Q d. paid for by future increase in foreign investment. According to the Ricardian Equivalence, in the long-run all the increases in government spending will be paid for O a. by equal amount of government borrowing. O b. by equal amount of money supply. 0 c. by equal amount of tax increase. 0 d. by equal amount of bond issued by the governmentStep by Step Solution
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