Skip to main content

Home/ IB Economics SL JG/ Group items tagged package

Rss Feed Group items tagged

Annabelle b

Excise Tax Loses Support Amid White House Push - 0 views

  •  
    Last month, the White House and labor unions announced an agreement to tax high-cost, employer-sponsored health insurance plans. Labor leaders say the proposal is too high a price to pay for the limited health care package they expect to emerge from Congress, therefore, there is really no support for this agreement.
Jan d

Turkey to Provide Egypt $2 Billion in Aid - 0 views

  •  
    Basically, article is about Egypt's endeavor to find foreign investors for financing infrastructure projects and increasing its dwindling foreign currency reserves. Two of the most important terms derived from the week 2 are scarcity and opportunity cost. Turkish investments of $20 bn dollars and 500 mio euros from the EU (depending on Egypt securying the loan from IMF) in Egyptian infrastructure and foreign currency reserves deficit have an opportunity cost of spending that amount of money for other purposes. In this article, Egypt's foreign currency reserves and budget are scarce, so Egypt wants to get money to reduce unemployment rate via economic growth (4.5 %). Here we also have the factor of production - this is capital which comes from investments in physical capital (infrastructure) and in my opinion also human capital (reducing unemployment, improving education and healthcare perhaps ...). One thing that will be crucial for Egypt is the factor of entrepreneurship.
Madeline b

Daily stampede of Chinese 'grey traders' angers Hong Kong - 0 views

  •  
    Because of the people's declining trust in the safety of China made products there is an increasing demand for products made else where. Everyday people cart bulk packages of coffee, diapers, and ramen, onto Hong Kong's trains to get them into china. Their destination is the shelve's of corner shops, who make a bigger profit selling "imported" goods. This is an example of scarcity of resources.
1 - 3 of 3
Showing 20 items per page