Ricardian equivalence predicts that Memple Choict people wil not chang.docx
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Ricardian equivalence predicts that Memple Choict people wil not change their behavior if the governme nt cuts twwes but dees not change its spending. tax cuts wit hove an expensionary ettect ony if people expect higher tax payenents in the future. tax cuts wit have a greater eupansionary eflect than insreases in gowemment spending Nose of these are true. .
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