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Ao9 Ao9
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Posts: 1908
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8 years ago
Ricardian equivalence implies
A) that if the government saves less, then the nation saves less.
B) that when the government borrows more, the market real interest rate goes up.
C) that consumers will save their tax cuts to pay their future taxes.
D) that when taxes are cut people consume more.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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#1
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Posts: 1906
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8 years ago
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Ao9 Author
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#2
8 years ago
Wow!!
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#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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