Critical Thinking many developed countries, including the u.s., have in recent decades become primarily service economies; that is, there is relatively little manufacturing of goods, and most people in the economy are employed by service industries. Why do you think this has occurred? in what ways is this trend a good and/or a bad thing for a country? Do you think this trend will continue?

Critical Thinking many developed countries, including the u.s., have in recent decades become primarily service economies; that is, there is relatively little manufacturing of goods, and most people in the economy are employed by service industries. Why do you think this has occurred? in what ways is this trend a good and/or a bad thing for a country? Do you think this trend will continue?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter32: Macroeconomic Policy Around The World

Section: Chapter Questions

Problem 19RQ: Is inflation likely to be a severe problem for at least some high-income economies in the near...

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