Suppose you discover a treasure chest of $10 billion in cash.(Appendix) a. Is this a real or
Question:
Suppose you discover a treasure chest of $10 billion in cash.(Appendix)
a. Is this a real or financial asset?
b. Is society any richer for the discovery?
c. Are you wealthier?
d. Can you reconcile your answers to (
b) and ( c)? Is anyone worse off as a result of the discovery?
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