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  • Think of it this way: what would you expect to result, from a macroeconomic point of view, in these two cases.- add 20 nurses at $50,000- add 1 millionaire at $1,000,000The answer is: in the first case, expenditures are varied and most of the income is spent, thus creating yet more jobs; in the second case, expenditures (if any) are limited and few if any more jobs are created.
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