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Macro & Microeconomics Term Paper

Economic Growth of China
By the 1970’s the government knew it had to take measures to stop the proliferation of the Chinese race. China since 1979 has had an official governmental policy of one child per marriage. This peculiar cultural phenomenon created an opportunity for Babycare Ltd. There is a very close bond between a child and their parents when...
Pages: 5 (1250 words), Term Paper
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Cigarette Taxes
The cigar tax hike has been criticized widely by several authors and policy analysts. For instance, Patrick S. (2009) commented that revenues from the tax increase will not be sufficient to support the funding requirements of SCHP. Patrick also allayed fears on the negative impact of the tax increase to retailers and consumers.
Pages: 6 (1500 words), Term Paper
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Unemployment in the Macroeconomic Environment of the Businesses
Here unemployed refers to people of the working age and who are without work.b) Costs of unemployment: Unemployment leads to numerous costs and these costs do not only influence the person unemployed but others as well. There are three main costs that are involved with unemployment are as follows:i) The first and most obvious costs involved are that incurred by the unemployed themselves
Pages: 7 (1750 words), Term Paper
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Institutional Economics
The elements that are the result of the development of capitalist economies include a product, money, and labor. A product, commonly known as a commodity, is a good that comes under production for trade in the marketplace. Products are of two types; capital goods and consumer goods. 
Pages: 5 (1250 words), Term Paper
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Difference in Macro and Micro Economics
Infrastructure, one of the indicators of growth, is in a bad state in India. Previously, only the public sector was in this field and its inefficiencies are seen by the lack of infrastructure. In fact, 600 million people have no electricity, 66% of the population has no clean drinking water and the transport network is not in a good state either.
Pages: 5 (1250 words), Term Paper
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