In
response to the coronavirus the federal government is borrowing
HUGE amounts of money. By the time...
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Economics
Inresponse to the coronavirus the federal government is borrowingHUGE amounts of money. By the time you read this they will borrowan additional 1 trillion dollars this year.
According to the Ricardian Equivalence, how will this affecthousehold's choice of consumption?
please give a 100-words answer
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According to Ricardian Equivalence the governments attempt to stimulate the economy by increased debtfinancing would eventually fail as the consumer demand would remain unchanged According to the theory any
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