Information about Bacon
How many government lending programs are there?
Eleven
Explain a stimulus package in China.
Urban projects, construction of roads, expansions in the banking community.
What other coutries are doing well besides China?
India and Indonesia
who is Dr. Dille's favorite student?
Will, He is the smartest
Who is Dr. Dille's least favorite student?
Mystery (wo)man
Who did Obama reappoint as chairman of the federal reserve?
Ben Bernanke
How much is the Chinese economy going to drop?
10%-11% to 7%-8%
who said that "sales were kin to drugs” (JC penny marketing)?
Ron Johnson
what did JC penny get rid of while trying to become more appealing to young people?
coupons
What did JC penny start losing when making changes?
Old customers
Do the economists think that the headlines regarding Asia are true?
No
Where does the growth rate come from?
Is their calculation of how many jobs must be created to sustain the natural increase in population plus the rural to urban migration.
why are insurance companies scared or automated cars?
liability
what does Howe the robot try to do in 2001 a space odyssey?
try to kill the astronaut
What is the median pay for doctors per year in the US?
Around 250 thousand/year
How much has the trade grade dropped with China since the recession?
By half.
Who else has the Chinese economy helped?
Different countries in Asia and Europe.
what do poor and rural areas have (in terms of doctors)?
not enough doctors
finish the sentence:
If you can make sure the qualities the same,...
why pay more?
what is the median pay in western Europe?
around 100 thousand/year
How has China dealt with the reccession?
A stimulus package.
List two reasons why China was doing better than the US during the reccession.
They do not have a private banking system which collapsed (the US did) they are a much poorer country with a lower level of economic growth.
what is the problem with automated cars?
hard to determine who’s at fault, car or driver
What is recommended to be done overseas to solve the lack of doctors?
Go and make sure that schooling and standards are good and no need for retesting
why can doctors not be imported?
safety concerns and no way to judge quality around world