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Unformatted text preview: Tax on carbon emission: firms pay the tax if cost to clean up is higher People are not saving enough money in their pension fund and spending too much Pension Protection Act of 2006: Changed pension fund question around, improved numbers Real economic welfare is greater if GDP grows faster and inflation is lower Future inflation affects current price decisions Taylor rule: weighted average, feds should do nothing economically If workers retain a greater portion of their compensation after taxes, they will work more...
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This note was uploaded on 10/03/2011 for the course BUS 102 taught by Professor Waldrop during the Spring '08 term at Miami University.
- Spring '08
- Public Good