China's economy began the year on a positive note, and the country has the confidence, capabilities, and conditions to meet this year's economic and social development targets, said Zheng Shanjie, head of the National Development and Reform Commission. The country's macroeconomic policy mix bols...
aThe powerful economic incentives I have noted, whereby an airport company with significant earnings from retailing and with spare capacity has an incentive to keep charges lower than would otherwise be the case, means that the maximum allowable average charge may exceed what the company wishes to...
BEIJING, April 8 (Xinhua) -- China has leveraged a variety of policies to offset downward economic pressure and address structural challenges, securing a robust start of this year with accelerated growth in retail sales, investment, and industrial output. China's retail sales of consumer goods ro...
2005. "Monetary Incentives, What Are they Good for?" Journal of Economic Methodology, 12: 265-276.Read, D (2005) Money incentives, what are they good for?. J Econ Methodol 12: pp. 265-276Read, D. (2005) "Monetary incentives, what are they good for?", Journal of Eco- nomic ...
BEIJING, April 8 (Xinhua) -- China has leveraged a variety of policies to offset downward economic pressure and address structural challenges, securing a robust start of this year with accelerated growth in retail sales, investment, and industrial output. ...
What are incentives in economics? Give some examples. Just what is the spending multiplier, and how does it work? Give an example. What are two examples of macroeconomics? What is the difference between economies of scale, constant returns to scale, and diseconomies of scale? Use graphs to ...
Example: “Econometric models are essential for forecasting future economic trends.” Uneconomic (Adjective) Not economically viable; not making efficient use of resources. Example: “Operating the old factory has become uneconomic due to the high cost of maintenance.” ...
56、 Chapter 1AACSB: Reflective Thinking2 Two Big Economic Questions1) When an economy produces more houses and fewer typewriters, it is answering the _ part of one of the two big economic questions.A) whatB) howC) whereD) for whomAnswer: ATopic: What Goods and Services Are Produced?Skil...
China has introduced guidelines to establish around ten high-level industrial parks to leverage the potential of the silver economy. Additionally, efforts are underway to develop innovative products like nursing and housekeeping robot...
Other critiques about the effectiveness of economic stimulus revolve around how people respond to economic incentives.Economistshave argued that consumers and businesses adjust their behavior in ways that offset the stimulus policy. The response to the stimulus will not be a simple multiplier effect but...