d. Suppose that society decided to reduce consumption and increase investment. i. How would this change affect economic growth? ii. What groups in society would benefit from this change? iii. What groups might be hurt?

d. Suppose that society decided to reduce consumption and increase investment. i. How would this change affect economic growth? ii. What groups in society would benefit from this change? iii. What groups might be hurt?

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter17: Economic Growth: Resources, Technology, Ideas And Institutions

Section: Chapter Questions

Problem 4QP

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