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ice5192 ice5192
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6 years ago
In a pay-as-you-go social security system, everyone can be made better off only if
A) the population growth rate exceeds the real interest rate.
B) the real interest rate remains higher than the population growth rate.
C) the number of old households exceeds the number of young households.
D) the interest rate for borrowers is sufficiently below that of lenders.
E) it is preceded by a fully funded system.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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wrote...
6 years ago
A
ice5192 Author
wrote...
6 years ago
Thank you
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