EBK MICROECONOMICS
2nd Edition
ISBN: 9780134524931
Author: List
Publisher: YUZU
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Question
Chapter 1, Problem 4Q
To determine
To distinguish between
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Go to a recent issue of The Economist magazine. In the back of each issue is a section called “economic indicators.” That section lists the most recent growth data for a substantial number of countries. Which countries around the world are growing most rapidly according to the most recent data? Which countries around the world are growing more slowly? Flip through the stories in The Economist to see if there is any explanation for the pattern that you observe. Write a brief essay on current general economic conditions around the world.
Categorize the following as microeconomic or macroeconomic questions:
(vii) Why are interest rates rising?
(viii) Why are economic growth rates different in the Jamaica and Antigua?
Does improvent in technologies cause higher real wages and lower unemployment rates?
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