20. If the government levies a one-time temporary tax on the young and gives the proceeds to the
elderly, and both generations follow the life-cycle consumption pattern but are not altruistically
linked:
(A) Both the young and the old will consume more.
(B) There will be a net increase in overall consumption.
(C) There will be a net decrease in overall consumption.
(D) There will be no change in overall consumption.
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