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If Ricardian equivalence holds, then a) A tax cut today, financed by tax increases in the future will stimulate consumption. b) A tax out today,

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If Ricardian equivalence holds, then a) A tax cut today, financed by tax increases in the future will stimulate consumption. b) A tax out today, financed by tax increases in the future will contract consumption. c) A tax out today, financed by tax increases in the future will have no effect on the aggregate level of consumption. d) A tax out today, financed by tax increases in the future is the best fiscal policy to undertake in a recession where consumption spending is low

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