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.
Foresight of the people is assumed in the Ricardian equivalence hypothesis.
Government tax rates in the future are not impacted by current government surplus.
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There are no specification needed when it comes to Database Management.
An analysis of the assumed affect on small businesses was included.
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a man goes to hospital to meet his mother