According to the Ricardian equivalence, private saving should increase when there is an increase in _____. a. the budget surplus b. the trade deficit c. government borrowing d. private investment

According to the Ricardian equivalence, private saving should increase when there is an increase in _____.

a. the budget surplus
b. the trade deficit
c. government borrowing
d. private investment

1 Answer

According to the Ricardian equivalence, private saving should increase when there is an increase in _____. a. the budget surplus b. the trade deficit c. government borrowing d. …

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