Question: a. In the Barro-Ricardo view, does it make any difference whether the government pays for the for its expenditures by raising taxes or issuing debt?
a. In the Barro-Ricardo view, does it make any difference whether the government pays for the for its expenditures by raising taxes or issuing debt?
b. Why? c. What are the two main theoretical objections to the Barro- Ricardo view?
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