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Should fringe benefits provided by your employer

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Should fringe benefits provided by your employer (health care, dental, contributions to your retirement plan) be counted in GDP? Why or why not (explain in detail).

Would you rather live in a period of inflation (plentiful jobs but hugely inflated prices, loss of value for the dollar) or deflation (very high unemployment, low spending, declining prices, but higher value of the dollar)? Explain your answer in detail by pointing out the positives and negatives of each.

Reference no: EM131901517

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