economics

Reality Dislocation?

“It is entirely possible that the true and authentic reality is being drowned out by countless superficial information bits noisily and breathlessly presented in propaganda fashion. Consequently, one may be entirely knowledgeable about a thousand details and nevertheless, because of ignorance regarding the core of the matter, remain without basic insight … Arnold Gehlen labeled …

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The Impact of Economic Factors on the Price of 5-Room Resale Flats in Ang Mo Kio

(Feb 2018 Exam) Data from the Housing and Development Board (HDB) shows that the average price of a 5-room resale flat in Ang Mo Kio in the third quarter of 2017 was $789,000 with 61 units transacted*. With the economy continuing to do well and more foreigners applying to become permanent residents and hence becoming …

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Critiquing Public Sector Unions

        Should it be easier to hire and terminate civil servants based on their performance, and whether high-performing civil servants should receive merit-based compensation similar to their counterparts in the private sector.  

State Public Sector Unions

        Can you think of any differences between the membership of state public-sector unions as compared to their federal public sector union counterparts? What priorities might be shared between the two?  

Outsourcing

        To what degree do you think that outsourcing has been a driver for the continued existence of organized labor?

U.S. health care spending

        U.S. health care spending grew 3.6 percent in 2013, reaching $2.9 trillion or $9,255 per person. As a share of the nation’s Gross Domestic Product, health spending accounted for 17.4 percent. Using the above information and other information you will be directed to below, do the following: Define the economic principle …

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“Bring It Home”

          “Bring It Home” description covers organic produce and raises questions that explore why organic produce is more expensive than its conventional, non-organic counterparts, which seems counterintuitive since organic uses less chemicals and does not travel as far as conventional produce. In this discussion, your task is to:   Think of …

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