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Quiz
· Fiscal Policy
· 10 of 11
Principles of Macroeconomics
Knowledge Check
Question 1 of 3
When consumers save a tax cut instead of spending it, this is known as
a.
A monetary offset.
b.
Ricardian equivalence.
c.
Contractionary fiscal policy.
d.
The fiscal multiplier.
e.
b and c only.
f.
All of the above.
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