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"Premier Liu Chao-shiuan announced Tuesday a government plan to distribute NT$82.9 billion (US$2.51 ...

monithedoll

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"Premier Liu Chao-shiuan announced Tuesday a government plan to distribute NT$82.9 billion (US$2.51 ...

"Premier Liu Chao-shiuan announced Tuesday a government plan to distribute NT$82.9 billion (US$2.51 billion) in consumption coupons to Taiwan's citizens in a bid to stimulate ... economic growth."
www.etaiwannews.com 11/18/2008
The Premier's plan to boost economic growth by boosting consumption
A) will work because employment will increase.
B) will work because there will be a movement out along Taiwan's aggregate production function.
C) will not work because real GDP per person will decrease.
D) will not work because economic growth is boosted by labor productivity, not consumption.

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Macroeconomics

Edition: 12^th

Author: Parkin

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Jodias

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More solutions for this book are available here

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monithedoll Author

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You make an excellent tutor!

bioc

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Good timing, thanks!

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Correct

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