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Assume that the interest rate is equal to 0. Condier a consumer who lives for two periods and earns 200 in the first period and
Assume that the interest rate is equal to 0. Condier a consumer who lives for two periods and earns 200 in the first period and 200 in the second period. The government needs to finance an expenditure of 100 in the first period. The government contemplates three options: Option #1: Tax lump-sum 100 in period 1 Option #2: Tax lump-sum 50 in period 1 and period 2 Option #3: Tax lump-sum 100 in period 2. labus lizzes BlueButton llaborations at aching Evaluations edia Gallery meCoach Roster om 1.3 Which of the three options is most preferred? 01 02 0 3 All three are equally good
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