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Explain intuitively why Ricardian Equivialence holds in our two period model without production. Give 3 reasons outside of our model it may not hold.
Explain intuitively why Ricardian Equivialence holds in our two period model without production. Give 3 reasons outside of our model it may not hold. Be as specific as possible and rank them in terms of your subjective view of their quantitative importance.
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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