In On Lisp (p. 84) Graham says
‘(a b c)(without comma) is equal to’(a b c)
and then says
A backquoted list is equivalent to a call to list with the elements quoted.
That is,‘(a b c)(without comma) is equal to(list ’a ’b ’c).
One statement has to be false since '(a b c) and (list 'a 'b 'c) don't seem to be equal. The latter is a freshly consed list (safe to modify) while the former is a constant -- or at least the spec allows the compiler to treat it as such.
So maybe it's a very nitpicky question but is a backquoted list (without comma) like ‘(a b c) equal to '(a b c) or equal to (list 'a 'b 'c)?