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HOMEWORK Unit FIVE - Optional Chapter 25 'Production and Growth' Q3 In what way is a college degree a form of capital? Q7 How does
HOMEWORK Unit FIVE - Optional
Chapter 25 'Production and Growth'
Q3 In what way is a college degree a form of capital?
Q7 How does the rate of population growth influence the level of GDP per person?
PA2 Suppose that society decided to reduce consumption and increase investment.
- How would this change affect economic growth?
- What groups in society would benefit from this change? What groups might be hurt?
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