Explore BrainMass
Share

Explore BrainMass

    Macroeconomics: Should drugs be legalized in America?

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    From a macroeconomic standpoint, should all drugs be legalized in America?

    © BrainMass Inc. brainmass.com October 10, 2019, 7:21 am ad1c9bdddf
    https://brainmass.com/economics/legislation-regulation/macroeconomics-should-drugs-be-legalized-in-america-577836

    Solution Preview

    From a purely macroeconomics standpoint, yes, all drugs should be legalized.

    Unreported transactions, such as the black market trade in drugs, are not included in a country's Gross Domestic Product (GDP). If drugs were legalized then transactions involving them would have to be reported, and America's GDP would immediately ...

    Solution Summary

    This solution uses detailed macroeconomic arguments to explain why all drugs should or should not be legalized in America.

    $2.19