Answer the question below

Anonymous
timer Asked: Dec 19th, 2018
account_balance_wallet $10

Question description

Analyze the problem below. Be as specific as possible.

An economist said, “Since the consumer is sovereign, and consumption is the end purpose of all production, therefore the economy is consumer driven, and we must do all we can to stimulate consumption. Production will then follow.” Are there any flaws in this economist’s logic? Which should government promote first – consumption or production? Or neither?

Criteria: Prepare a 1-2 page paper. Your paper should also reflect scholarly writing and current APA standards. Please include citations to support your ideas

Tutor Answer

peachblack
School: University of Virginia

Kindly find attached and feel free to ask for clarifications. Thank you.

Outline

Introduction
Body
Conclusion
References


Running Head: PRODUCTION OR CONSUMPTION?

Production or Consumption; Which should government promote first?
Student’s Name
Course Number – Course Name
Institution
Instructor’s Name
Date

1

PRODUCTION OR CONSUMPTION?

2

Production or Consumption; Which should government promote first?
Production is the process of incorporating various material and immaterial inputs in order
to create output; normally something for consumption. Consumption, on the other hand, is
simply the act of consuming. It involves the final purchase of goods and services by individuals.
In order to achieve sustainable development...

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Anonymous
Posted this and got four bids within 15 minutes. Clearly lots of tutors on the platform, quality was pretty legit too.

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