roseox63Lv1
20 Nov 2021
Problem 28
Page 760
Section: PROBLEMS
Chapter 31: The Impacts of Government Borrowing
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20 Nov 2021
Introduction
Ricardian equivalence generally talks about the government spending from the tax resources which have direct implication on the overall economy of the respective country.
It basically explains that the government deficit spending is equivalent to spending and of current taxes.
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