EBK PRINCIPLES OF MACROECONOMICS
7th Edition
ISBN: 9781337342155
Author: Mankiw
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 9.3, Problem 3QQ
To determine
The points raised by the lobbyists to ban the import of wool.
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Case Study: The Impact of Ebola on Tax Revenue in the DRC Background:
The Democratic Republic of the Congo has experienced mulitiple outbreaks, with the 2018-2020 outbreak being one of the most severe. The outbreak had profound effects on public health, the economy and government operations. The DRC's economy already fragile due to policital instability and conflict, faced additional stain as the Ebola virus spread across several provinces.
Economic disruption:
The Ebola outbreak led to significant disruptions in the affected regions. Businesses were forced to close or reduce operations due to quarantine measures and the fear of contagion. this resulted in a sharp decline in economic activities, particularly in sectors such as agriculute, mining and trade. reduced consumer spending and interruptions in supply chains further exacerbated the economic downturn.
Impact on Tax Revenue:
the economic…
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EBK PRINCIPLES OF MACROECONOMICS
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