Societies choose what share of their resources to devote to consumption and what share to devote to in-vestment. Some of these decisions involve private spending (C and I); others involve government spending (G). 1. There are forms of private spending that represent consumption (C) and some forms that represent investment (I). For instance, the national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment? Why do you think so? Discuss if your decision produces externalities?. 2. Name one form of government spending (G) that represent consumption and one form that represent investment. In your opinion, should we view government spending on health programs as a form of consumption or investment? Would you distinguish between health programs for the young and health programs for the elderly? Explain.