Some people have proposed an increase in retirement ages, Dissertation

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Some people have proposed an increase in retirement ages

Question: Some people have proposed an increase in retirement ages 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. In the long run, how would this affect real GDP in the United States?

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