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This model uses static comparative statics -- no genuine time axis exists.
The government enacts a sizable debt-financed tax reduction.
Only half of households are Ricardian; the rest follow Keynesian consumption rules.
Higher MPC due to liquidity constraints, amplifying the Keynesian effect of a tax cut.
Diagram, readouts, and summary update with each change.
Baseline
Policy
Behavioral
Structure
Impact summary
Consumption responses
Keynesian C
77.5
Ricardian C
70.0
PV future tax
6.14
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