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A society has decided to reduce the production of consumption goods (decrease consumption) and increase the production of capital goods (increase investment). You are supposed

A society has decided to reduce the production of consumption goods (decrease consumption) and increase the production of capital goods (increase investment).

You are supposed to explain the effect of above mentioned change in society's behavior on economic growth.

What groups in society would benefit from this change? What groups might be hurt?

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Managerial economics

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