- 2 The Ricardian Equivalence Proposition Implies That A Deficit Financed Tax Cut Will Have No Effect On National Saving 1 (8.82 KiB) Viewed 15 times
2. The Ricardian equivalence proposition implies that a deficit-financed tax cut will have no effect on national saving.
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2. The Ricardian equivalence proposition implies that a deficit-financed tax cut will have no effect on national saving.
2. The Ricardian equivalence proposition implies that a deficit-financed tax cut will have no effect on national saving. 3 In the Solow madal -