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bedau bedau
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6 years ago
What is the main argument which explains why the data do not show a positive relation between the deficit producing tax cuts in the early eighties savings rates?
A) People will increase savings to "finance" debt repayment by future generations.
B) People will increase consumption to "finance" debt repayment by future generations.
C) Savings is determined by uncertain events, the timing of future illnesses and death.
D) Savings is determined by certain events, the timing of future illnesses.
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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bedau Author
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6 years ago
Thanks
Natalie Price
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Yesterday
You make an excellent tutor!
Mcb
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2 hours ago
Good timing, thanks!
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