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> 1. Use the PAYGO identity to explain in a few sentences why > higher fertility makes it easier to finance social security. > >

> 1. Use the PAYGO identity to explain in a few sentences why > higher fertility makes it easier to finance social security. > > 2. In the Science paper, Lee et al find that the optimal fertility > rates for richer countries are higher than for poorer > countries. Explain in a few sentences why this is. >

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