6 Distinguish between a funded and a pay-asyou- go pension scheme. How would you expect the market...
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6 Distinguish between a ‘funded’ and a ‘pay-asyou-
go’ pension scheme. How would you expect the market for ordinary company shares to be affected by a general switch from PAYG to funded schemes?
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The Economics Of Money Banking And Finance
ISBN: 9780273710394
4th Edition
Authors: Peter Howells, Keith Bain
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