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    Macroeconomics Study Set 8
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    Exam 4: Consumption, saving, and Investment
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    Explain Why the Ricardian Equivalence Proposition Is Not Supported by Data
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Explain Why the Ricardian Equivalence Proposition Is Not Supported by Data

Question 93

Question 93

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Explain why the Ricardian equivalence proposition is not supported by data.

Correct Answer:

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Many,perhaps most,consumers don't unders...

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