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Ericka Parker

Ericka P.

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Joram Herman verified

Numerade educator

The United States is the world’s largest importer, yet we read this week that a nation must produce large quantities of goods and services to enjoy a high standard of living. How do you reconcile these two factors? How would a transition from consumption to investment alter our economic growth? What groups would be the winners and losers if this change occurred and why?

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