The idea that irrespective of how a government chooses to increase spending either by debt fin...........

Economic Affairs Tax System

The idea that irrespective of how a government chooses to increase spending, either by debt financing or tax financing, the outcome will be the same and demand will remain unchanged, is popularly known as:

Ricardian theory of equivalence

Ricardian theory of competitive advantage

Ricardian theory of stability

None of the above

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Explanation:

David Ricardo was a British political economist and his most famous theory was that of comparative advantage (along with above theory of Ricardian equivalence) . Comparative advantage refers to the doctrine that any nation should use its resources solely in industries where it has the most international competitiveness
The theory of Ricardian equivalence, as stated above in the question, was also further developed by Harvard professor Robert Barro who took it much further.