Use indifference curve analysis to show how the Social Security pension system can reduce annual consumption for some workers who have a strong preference for current versus future consumption. What factors will influence the effect of the Social Security

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Use indifference curve analysis to show how the Social Security pension system can reduce annual consumption for some workers who have a strong preference for current versus future consumption. What factors will influence the effect of the Social Security system on an individual’s well-being and savings rate? Create a graph on a spreadsheet program (such as MS Excel), copy and paste it into a MS Word document. 

    • 10 years ago
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