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Consumer choice theory predicts that, with identical consumers, pay-as-you-go social security

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6 years ago

Consumer choice theory predicts that, with identical consumers, pay-as-you-go social security

Consumer choice theory predicts that, with identical consumers, pay-as-you-go social security
A) always makes all generations worse off.
B) makes some generations better off, and cannot make any generation worse off.
C) may make some generations worse off and cannot make any generation better off.
D) may be Pareto improving.
E) always makes all generations worse off compared to a fully-funded system.

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Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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smitch6 Author

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6 years ago

Thanks for your help!!

dri

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Just got PERFECT on my quiz

mcraver1

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2 hours ago

Correct

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