Answer:
What caused china's phenomenal economic growth rate over the last 30 years
There are many causes for China's economic miracle in recent decades.
The first cause is that China decided to open the country to foreign investment in some parts of the country, the famous Special Economic Zones, the first one having been located in the city of Shenzhen, north of Hong Kong. This flow of capital boosted inustrial growth.
The second cause is that China became a manufacturing powerhouse due to lower labor costs, reason why most developed countries outsourced a large precentage of their manufacturing sector to China.
A third cause is that the Chinese government worked closely with both domestic firms and foreign firms in specific sectors, promoting a mixed economy in between economic planning and a market economy.
why is it likely unsustainable in the long run?
China's growth is likely unsustainable in the long run because as a country develops and catches up with the advanced world, its rate of growth tends to fall due to a myriad of reason, from capital exhaustion to lower demographic growth, to a less dynamic consumer market in several sectors.
One common advantage of long term investment is higher return.
The longer you stay on an investment the bigger possibility to earn bigger interest and return. You might sometimes experiences losing but still you have the chance to get back what you loss over the time.
Answer:
The correct answer is Decider.
Explanation:
The decision-maker is the one who decides in part or all of the purchase of a certain institution or company, when moving to the political sphere it is translated as one who makes the decisions within the so-called important aspects, whether in the case of health, education or Another within the functions of the state, the decision makers are also called "decision makers" who can also be recognized as the political responsible.
The answer is a market's condition. <span />
Answer:
When a price ceiling is imposed (or any price ceiling at all), the only way that it doesn't affect the economy is that the price set was actually equal to or higher than the equilibrium price of the market.
I suppose that since an oil embargo was put in place, the quantity supplied of gasoline would decrease severely affecting the equilibrium price and increasing it. Once the equilibrium price is higher than the price ceiling, then its negative effects will be noticed (e.g. deadweight loss).