Some people have proposed an increase in retirement age for


Some people have proposed an increase in retirement age for Americans. Consider the effects of this proposed new policy

a. Show how the change would affect supply and demand in the market for loanable funds.

b. How would this change affect the equilibrium interest rate and investment?

c. Over time, how would this change affect real GDP in the United States?

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Econometrics: Some people have proposed an increase in retirement age for
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