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The Evidence with Respect to the Validity of Ricardian Equivalence

Question 87

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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