This Ricardian equivalence hypothesis holds that people are forward-looking and recognize that current government surpluses or deficits affect government debt and future tax rates.
The Ricardian equivalence hypothesis is widely accepted by all economists.
mnli hypothesis: The Ricardian equivalence hypothesis is widely accepted by all economists. premise: This Ricardian equivalence hypothesis holds that people are forward-looking and recognize that current government surpluses or deficits affect government debt and future tax rates.