Solved: Suppose that these expenditures by students were to be, Business Management

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Suppose that these expenditures by students were to be

Question:

Currently, higher education expenditures by students are treated as consumption spending in the calculation of GDP. Suppose that these expenditures by students were to be treated as investment in human capital and included in Gross Private Domestic Investment. Would the change in definition cause GDP to change?

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Business Management: Suppose that these expenditures by students were to be

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