To the extent that the Ricardian equivalence theorem is true, which of

To the extent that the Ricardian equivalence theorem is true, which of the conditions below will hold?

A) Increases in the government budget deficit will not affect aggregate demand.
B) Investment spending will not be considered part of aggregate demand.
C) The long-run aggregate supply curve will not be vertical.
D) Exports will not be considered part of aggregate demand.

 

ANSWER

A

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