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What Is Ricardian Equivalence?

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[Narrator] What is
Ricardian equivalence?
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Named after David Ricardo,
a 19th century British economist,
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Ricardian equivalence is a scenario
in which consumers respond
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to changes in fiscal policy
in ways that make fiscal policy
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less effective.
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If the government cuts taxes
to stimulate the economy,

Title:: What Is Ricardian Equivalence?
Description:: more » « less
Video Language:: English
Team:: Marginal Revolution University
Project:: Dictionary of Economics
Duration:: 01:43

	Marilia_PM approved English subtitles for What Is Ricardian Equivalence?
	Theresa Ranft accepted English subtitles for What Is Ricardian Equivalence?
	Theresa Ranft edited English subtitles for What Is Ricardian Equivalence?
	Theresa Ranft edited English subtitles for What Is Ricardian Equivalence?
	Theresa Ranft edited English subtitles for What Is Ricardian Equivalence?
	Kirstin Cosper edited English subtitles for What Is Ricardian Equivalence?
	Kirstin Cosper edited English subtitles for What Is Ricardian Equivalence?
	Kirstin Cosper edited English subtitles for What Is Ricardian Equivalence?

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	Revision Number	Author	Created
	6	Theresa Ranft
	5	Theresa Ranft
	4	Theresa Ranft
	3	Kirstin Cosper
	2	Kirstin Cosper
	1	Kirstin Cosper

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