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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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Explanation:

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And this to plz thanks
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3 years ago
After reading her AP Psychology text, Jane starts to wonder if all young people have some kind of psychological disorder. First,
wariber [46]

Answer:

Explanation:

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3 years ago
Choose the propaganda style that best fits the statement below. "My opponent, Governor Thomason has raised taxes, increased spen
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This question is missing the options. I've found the complete question online. It is the following:

Choose the propaganda style that best fits the statement below. "My opponent, Governor Thomason has raised taxes, increased spending and lied to you, the American people."

plain folks

name calling

card stacking

bandwagon

Answer:

The propaganda style that best fits the statement is:

B. name calling.

Explanation:

We can easily reach the conclusion above via elimination. Let's take a look at each of the options:

A. plain folks: a style of propaganda that attempts to depict a certain person as "one of the people" or "average Joe". It's commonly used by politicians to show us they are ordinary people just like us. This option is INCORRECT.

<u>B. name calling: a style that consists of saying bad things about one's opponent in order to make people see him from a negative perspective. Often involves attributing pejorative nicknames or adjectives to the other. This is precisely what we have here, since the speaker is calling his opponent a liar. This option is CORRECT.</u>

C. card stacking: a style which manipulates information in order to make something or someone look better. This option is INCORRECT.

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3 years ago
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