Question: 2. Explain graphically the Ricardian Equivalence Theorem. (20 points) 3. What is the externality? Give an example for negative and positive externa

2. Explain graphically the Ricardian Equivalence Theorem. (20 points) 3. What

2. Explain graphically the Ricardian Equivalence Theorem. (20 points) 3. What is the externality? Give an example for negative and positive externa

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