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smitch6 smitch6
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6 years ago
If people are finite-lived, Ricardian equivalence can fail because
A) lifetime wealth will change for those currently alive.
B) people cannot predict the future.
C) this implies taxes must be distorting.
D) there is intragenerational redistribution.
E) people make bequests.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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6 years ago
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smitch6 Author
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6 years ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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