Ricardian equivalence holds:
a. only with a government deficit not a surplus
b. only with a government surplus not a deficit
c. no matter how long until the bonds are to be paid off
d. only for year to year changes in the government's budget

Question

10-06-2024
Business

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Ricardian equivalence holds:
a. only with a government deficit not a surplus
b. only with a government surplus not a deficit
c. no matter how long until the bonds are to be paid off
d. only for year to year changes in the government's budget

Sagot :

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