1. Economically speaking, should governments force people to be in school? Why or why not?
2. Think about how lower prices (or lower inflation) may generate greater overall demand within the economy. Could these mechanisms be more powerful than forces that reduce overall demand when prices (or inflation) rise?
3. "Share price changes are volatile and unpredictable, therefore the stock market is unrelated to what happens in the rest of the economy. It's just a casino"

"Share price changes are volatile and unpredictable, therefore the stock market is efficient and helps allocate resources effectively"

What is wrong with each of these propositions?