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5 pro and con arguments for the statements IV. WRITTEN WORK (10 Marks) List a pro and con argument for 5 of the following 7

5 pro and con arguments for the statements

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IV. WRITTEN WORK (10 Marks) List a pro and con argument for 5 of the following 7 statements. I 1: GDP is the best measure of how well an economy is doing 2: Inflation harms the poorest and most venerable in our economy 3: Everybody gains from free trade. 4: Increases in GDP reflect increases in the well-being of a country. 5: Steps should be taken to reduce its size of the underground economy in Canada 6: An economy experiences cyclical fluctuations and this is good for a market based economy. 7: Large corporations are the major drivers of the world's economy

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