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johnpaul92 johnpaul92
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8 years ago
Which of the factors listed below might cause the Ricardian equivalence proposition to be violated?
A) Consumers may not understand that an increase in government borrowing today is likely to lead to higher future taxes.
B) There may be constraints on the level of government spending.
C) There may be international capital inflows and outflows.
D) There may be constraints on the level of government taxation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Take care for now
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