Project #26318 - economics

Spending vs. Consumption

Suppose the people in a certain economy decide to stop saving and instead use all their income for consumption. They do nothing to add to their stock of human or physical capital. Discuss the prospects for growth of such an economy.

Submit a one page, double-spaced essay in a Microsoft Word document explaining your opinion. Please provide citations in APA style for any sources used.

Subject Business
Due By (Pacific Time) 03/30/2014 08:35 pm
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