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hammer [34]
3 years ago
14

Ricardian equivalence:

Social Studies
1 answer:
V125BC [204]3 years ago
6 0

Answer:

Ricardian equivalence:

a. Occurs when people see that lower taxes today means higher taxes in the future, so instead of spending their tax cut, they save it to pay future taxes.

Explanation:

The Ricardian equivalence is a theory given by the English economist David Ricardo in the 19th century, where <em>he suggests that the fiscal deficit </em>(when the nation spends more than obtain) <em>doesn't affect the aggregate demand </em>(the possibility of the country to acquire products) by two reasons:

1. Finances the spend with more high taxes, it could occur in the present or in the future, but <em>if the people see that the taxes are low and the country is spending, they save money for the future higher taxes</em>.  

2. increasing external debt.    

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Advocard [28]

Answer:

Cuando hablamos de oferta, nos referimos a la cantidad de un producto que las empresas producen en una economía o mercado específico. Si por ejemplo la producción total de manzanas en un país es de 10 mil manzanas, entonces la oferta del producto es igual a 10 mil.

Cuando hablamos de demanda, nos referimos a la cantidad de un producto que los consumidores quieren consumir o comprar. En otras palabras, nos referimos, a la cantidad demandada de dicho producto. Si los consumidores de un país quieren consumir un total de 8 mil manzanas, entonces la demanda de manzanas es igual a 8 mil.

7 0
2 years ago
Deforestation in Latin America has been carried out PRIMARILY by which industry?
Paladinen [302]
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3 years ago
Read 2 more answers
By virtue of their familiarity in a foreign country or region, _____ are a valuable source of information for a Joint Task Force
djyliett [7]

The correct answer is IGOs and NGOs

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2 years ago
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SOVA2 [1]
The correct answer is "Encoding Failure".

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5 0
3 years ago
What is the final step before a national bill can become a law?
andrew11 [14]

The last step before the bill becomes law the signing of the bill by the president.

When the bill reaches the president, he has three choices namely:

1. he can sign and pass the bill

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