=+currency of Metropolis) per year. From age 30 to age 49, they earn 400 metros. From age

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=+currency of Metropolis) per year. From age 30 to age 49, they earn 400 metros.

From age 50 to age 64, they earn 300 metros. Finally, at age 65 they retire and are paid a pension of 100 metros per year until they die at age 75. Each year, everyone consumes whatever

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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