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Classical economists who believe in the idea of Ricardian eq

Assignment Help Finance Classical economists who believe in the idea of Ricardian eq

Finance

Classical economists who believe in the idea of Ricardian eq

Classical economists who believe in the idea of Ricardian equivalence would argue that the increa… Show more Classical economists who believe in the idea of Ricardian equivalence would argue that the increase in federal spending would have no effect on aggregate spending in the economy and no effect on private investment. Why would a $100 billion increase in spending financed by a deficit have no effect on the economy other than a reallocation of resources from private to government use? • Show less

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