Learn Economics

                                                         from news

     -  Read the questions and give your answers

               to any teachers in the chatroom.

     -   Remember to write the question numbers

    -    Your answers can be in Chinese or English

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       HKN1  

                          a. In order to protect the environment, the Chinese government stops the trade

                                   of "Fat Choi".    Its price rises 50% in Hong Kong

                                                    i. Why does price rise?  (S4)

                                                    ii. Does the government intervention imply a market failure?  (S6)

                           b. More fake money is found in shops and banks

                                                    i. How does it affect the money supply in Hong Kong?  (S5)  (S7)

                           c.   In USA, mobile phones must inform the public of their amount of raditation

                                   HK telecommunication authority considers to follow

                                                    i. Why does the government intervene?  (S6)

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