Essay
Schramm identifies the adaptability and flexibility of the labor force as one of the key drivers for the Chinese economy. Pick one of the Ten Macro Facts at the end of the chapter that plays a similar role (a shock absorber) in a traditional Keynesian framework. Explain.
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Macro Fact 6 is the only one with the wo...View Answer
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Correct Answer:
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Macro Fact 6 is the only one with the wo...
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