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2. Problems and Applications Q2 Suppose that society decided to reduce consumption and increase investment. More investment leads to faster economic growth in the long
2. Problems and Applications Q2 Suppose that society decided to reduce consumption and increase investment. More investment leads to faster economic growth in the long run. Which of the following statements are true about groups in society that would benefit from or be hurt by this change? Check all that apply. There might be a transition period in which workers and owners in investment-goods industries would receive higher incomes. Some groups would have to reduce their spending. There might be a transition period in which workers and owners in consumption-goods industries would receive higher incomes
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