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    Exam 12: Thinking Like a Modern Macroeconomist
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    What Do the Ricardian Equivalence Problem and the Time-Inconsistency/credibility Problem
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What Do the Ricardian Equivalence Problem and the Time-Inconsistency/credibility Problem

Question 20

Question 20

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What do the Ricardian equivalence problem and the time-inconsistency/credibility problem have in common?

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Both of them rely on the ratio...

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