What is the economic rationale for a statute of limitations


Problem

What is the economic rationale for a statute of limitations for tort suits? Based on this rationale, explain why it makes sense that there is no statute of limitations for serious crimes like murder.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is the economic rationale for a statute of limitations
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