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In the two-period SOE model Question 14Answer a. there is no government. b. there is no trade with the outside world. c. Ricardian equivalence does
In the two-period SOE model Question 14Answer a. there is no government. b. there is no trade with the outside world. c. Ricardian equivalence does not hold. d. the consumption of the government and private consumers is treated as a national choice. e. government spending is exogenous
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
