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    Exam 13: Fiscal Policy Appendix Taxes and the Multiplier
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    If the Average Retirement Age Decreases
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If the Average Retirement Age Decreases

Question 172

Question 172

Multiple Choice

If the average retirement age decreases:


A) implicit liabilities will increase.
B) implicit liabilities will decrease.
C) implicit liabilities will be unaffected.
D) the public debt will immediately increase.

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