Extra credit assignment

Extra credit assignment - Please do not copy this it is for...

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Please do not copy this it is for help Macroeconomics Mr. Patyk March 19, 2008 Extra Credit My good friend and I were discussing this topic and we were both thinking of the advantages and disadvantages of this lifestyle. If I lived as a native to Timbucktoo prior to tourism I would probably be a savage hunter who would provide food for my village and family. I would have to rely on other’s to prepare the food and provide water because I would be exhausted from doing all my savage hunting. I am not sure if I would need any money, I think everyone would just provide for everyone else; basically using the barter system. If tourism came to my land I would probably hate it. My friend and I got to discussing, if tourism came it would give me and my people money and everyone knows that with money comes fun! When tourists come they would be willing to buy things and maybe pay to sleep and eat there, which would of course increase Timbucktoo’s GDP. Aggregate expenditures, aggregate production for souvenirs and other keepsakes would
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Extra credit assignment - Please do not copy this it is for...

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