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What are the benefits of achieving strong economic growth in the United States? What are the main challenges?

Your case study paper is due at the end of Week 7. The purpose of the assignment is to apply your knowledge of the sources of nations’ long-term economic growth to develop a proposal for economic policies that encourage growth. This assignment is based on Chapter 19 in Meyer’s Everything Economic Book and on supplementary readings.
1. Define the sources of long run economic growth.
2. Give an example of each of the sources of growth.
3. Propose one policy for each source of growth that could enhance or strengthen that source.
4. For you as an individual, what are the benefits of achieving strong economic growth in the United States? What are the main challenges?
5. Finally, at the conclusion of your paper include a brief statement reflecting on what you feel you have learned from the assignment and how that learning may be applied to your life or work going forward.

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