Economists Novy-Marx and Rauh contend that if New York wanted to adequately fund its pension systems for its public workers it would have to put on
A) a one-time tax of nearly $39,000 per household.
B) a one-time tax of nearly $390,000 per household.
C) an annual tax of nearly $39,000 per household.
D) an annual tax of only $39 per household.
Correct Answer:
Verified
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