The government of Moneyland decides that it is not going to change its spending, but will decrease the tax rates. As per the theory of Ricardian equivalence, what will be the effects of the government action on national saving?

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The Answer of The government of Moneyland decides that it is not going to change its spending, but will decrease the tax rates. As per the theory of Ricardian equivalence, what will be the effects of the government action on national saving?

The Government of Moneyland Decides That It Is Not Going