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Unformatted text preview: (a) Compare the life-cycle path of hours of work between the two workers if Bill receives a one-time unexpected inheritance at the age of 35. (b) Compare the life cycle path of hours of work between the two workers if Bill had always known he would receive (and, in fact, does) receive a one-time inheritance at the age of 35....
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This note was uploaded on 12/06/2010 for the course ECON 4616 taught by Professor Antman during the Fall '08 term at Colorado.
- Fall '08