government expenditures and the black market
Question 1) Think about the increases since 2001 in spending for the Department of Homeland Security and the wars in Afghanistan and Iraq. These increases represent government expenditures that have increased GDP. Explain whether you think that these increases in GDP have made the typical person better off.
Questions 2) What is a black market (please give a real world example). Under what circumstance do black markets arise?
Answers can be around 8 sentences long.
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