Suppose that the city of new york issues bonds to raise, Econometrics

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Suppose that the city of new york issues bonds to raise

Suppose that the city of New York issues bonds to raise money to pay for a new tunnel linking New Jersey and Manhattan. An investor named Susan buys one of the bonds on the same day that the city of New York pays a contractor for completing the first stage of construction. Is Susan making an economic or a financial investment? What about the city of New York?

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Econometrics: Suppose that the city of new york issues bonds to raise

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