Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Which theory states that a tax cut does NOT affect aggregate demand because people save all they gain from the tax cut?

a. inefficient market hypothesis
b. quantity theory of money
c. Ricardian equivalence
d. purchasing power parity