How reduce consumption change affect economic growth
Suppose that society decided to reduce consumption and increase investment. A. How would this change affect economic growth? B. What groups in society would benefit from this change? Which groups might be hurt?
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What policies would you propose that the central bank and the government pursue to lower inflation, lower unemployment and speed up GDP growth.
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The publisher sold the textbooks to university bookstores nationwide for 3 million euros. The university bookstores received 4 million euros from students in exchange for the books. What is the total contribution to GDP from the above events?
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This means that there is a bigger shortage or excess demand than there otherwise would be. What is your view of the law forbidding the sale of human organs? What about the sale of blood? Is this different? How so?
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