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2. Now suppose the consumer in problem 1 has a marginal tax rate of t = .30. a. How much money would the consumer have

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2. Now suppose the consumer in problem 1 has a marginal tax rate of t = .30. a. How much money would the consumer have to pay in taxes if they bought this policy with premium R on their own? b. What is the new net welfare gain associated with buying the insurance policy if we take into account the tax subsidy

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