CUET Economics - The 'Ricardian equivalence' view argued that in the face of high deficits, people save more. It is called 'equivalence' because it argues that taxation and borrowing are equivalent means of ........... 1. Financing expenditure 2. Financing borrowing 3. Financing Taxation 4. Financing deficit | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Macro

Medium

Financing expenditure

Financing borrowing

Financing Taxation

Financing deficit

✅ Correct Option: 1

Related questions:

30 May Shift 2

Net borrowing at home included which of the following?

29 May Shift 2

When goods are financed through the budget and can be used without any direct payment, they are known as.......

26 May Shift 2

Which of the following statements is true about public goods?

(A) Public goods are non rival in nature.

(B) Public goods are non-excludable in nature.

(D) Public goods and public production can be used interchangeably.

Choose the correct answer from the options given below:

CUET Economics 2025 14 May Shift 1 PYQs