What gifts macro santa give to world to help worldwide gdp


Problem

Watch the YouTube videos "Deadweight Loss of Christmas" & "Deck the Halls with Macro Follies" and write four to five sentences on each questions:

1) Does Christmas truly create economic deadweight loss?
2) Is spending or saving best for the economy (think Keynes vs classical theory)?
3) What gifts should Macro Santa give to the world to help worldwide GDP to grow at a steady and sustainable rate?

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Macroeconomics: What gifts macro santa give to world to help worldwide gdp
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