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Ao9 Ao9
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Posts: 1908
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8 years ago
The Ricardian Equivalence says
A) whatever the timing of taxes, consumption is the same.
B) higher government expenses reduce consumption.
C) whatever the level of government expenses, consumption is the same.
D) an increase in current consumption has to lead to a decrease in future consumption.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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