1.1. The United States borrows a lot of money from other countries. If you wanted to use...

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1.1. The United States borrows a lot of money from other countries. If you wanted to use the lifecycle theory to explain this, would you say that the United States is acting like a "young"

country, an "old" country, or a "middle-aged"

country? There's more than one correct way to answer this question.

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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