Sunday, January 24, 2010

Unit 2: Economic growth in China

A really good article from anforme on economic growth in China

http://www.anforme.co.uk/blog/?p=1041

a) Using the AD equation, explain the reasons for economic growth in China
b) Using an AD/AS diagram, explain why the article arues this increased economic growth is unlikey to result in inflation in China
c) To what extent do you agree with this conclusion?

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