9. Explain how each of the following policies redistributes income across generations. Is the redistribution from young
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9. Explain how each of the following policies redistributes income across generations. Is the redistribution from young to old, or from old to young?
a. an increase in the budget deficit
b. more generous subsidies for education loans
c. greater investments in highways and bridges
d. indexation of Old Age Security benefits to inflation
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Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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