Would it be advantageous to borrow money if you expected prices to rise? Why or why not? Why did the Great Depression last so long? What happened to all the jobs? How much more output will the average...

Would it be advantageous to borrow money if you expected prices to rise? Why or why not? Why did the Great Depression last so long? What happened to all the jobs? How much more output will the average American have next year if the $18 trillion U.S. economy grows by 1. 2 percent? 2. 5 percent? 3. −1.0 percent? Assume a population of 320 million.

May 18, 2022
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