(6 marks) outline the main differences between the traditional and the Ricardian Equivalence view of government deficits

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(6 marks) outline the main differences between the traditional and the Ricardian Equivalence view of government deficits

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(6 marks) outline the main differences between the traditional and the Ricardian Equivalence view of government deficits. What are the main assumptions behind the Ricardian Equivalence view?
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