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ice5192 ice5192
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6 years ago
In a two-period model, holding everything else constant, an increase in future taxes
A) unambiguously increases the current account surplus.
B) unambiguously decreases the current account surplus.
C) has an uncertain effect on the current account surplus.
D) increases the present value of taxes.
E) has no effect on the current account surplus, as long as Ricardian equivalence holds.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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Blade73Blade73
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6 years ago
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ice5192 Author
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6 years ago
Thank you, thank you, thank you!
Jose^2
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Yesterday
Brilliant ツ
kriggs62
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2 hours ago
Helped a lot
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