The Evidence with Respect to the Validity of Ricardian Equivalence

question 49

Multiple Choice

The evidence with respect to the validity of Ricardian Equivalence ________.

• A)suggests that it matters little whether government debt is held by the central bank or by the public
• B)clearly provides support for the argument
• C)clearly refutes the argument
• D)is difficult to interpret,since so many factors may affect national saving

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