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b) True or False? If both agents in this economy are endowed with equal quantities of capital and labour and report the same income they
b) True or False? If both agents in this economy are endowed with equal quantities of capital and labour and report the same income they will end up consuming the same bundle. (2 marks, justify your answer, zero marks for guesses). c) True or False? If both agents in this economy are endowed with equal quantities of capital and labour and report the same income they will end up with the same level of utility. (2 marks, justify your answer, zero marks for guesses)
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