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Thursday, April 2, 2009
Econs Homework
"2008 as a whole, the economy is estimated to have grown by 1.2 percent, compared with 7.7 per cent in 2007 "

a) What factors may have caused the slower economic growth rate in 2008? (12)

b) What are the relative merits and demerits of the policies that may be adopted by Signapore's government to re-stimulate the economic growth rate? {13}


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