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It is the presidential election season and many candidates are competing for the most powerful position in the country. The election came at a time

It is the presidential election season and many candidates are competing for the most powerful position in the country. The election came at a time where the economy has slow growth, and people do not have good incomes, and, thus, are a bit frustrated. The top three popular candidates offered the following solutions to help the economy grow:

  1. Candidate Calm: Educate all workers by offering free job training and free college education.
  2. Candidate Hardhead: Invest in a larger and more powerful army and more weapons because wars help economies grow, just like what happened during World War II.
  3. Candidate Knows It All: Replace all locally made products with cheaper products made in poor countries.

Based on your understanding of economic growth, which candidate has a plan that could potentially help the economy grow and why? Explain their approach and how their specific approach would affect the various components of GDP.

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