Question
As an effort to boost local consumption, the Financial Secretary, Mr Paul Chan, proposed a Consumption Vouchers Scheme in February 2021. Eligible Hong Kong permanent
As an effort to boost local consumption, the Financial Secretary, Mr Paul Chan, proposed a Consumption Vouchers Scheme in February 2021. Eligible Hong Kong permanent resident aged 18 or above will receive a set of consumption voucher with a total value of $5,000. The total cost of this scheme was estimated to be $36 billion.
Base on The Production Function and make use of economic knowledge to explain why this Scheme could not promote economic growth in the long run.
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Strategic Human Resource Management Contemporary Issues
Authors: Mark N. K. Saunders; Mike Millmore; Philip Lewis; Adrian Thornhill; Trevor Morrow
1st Edition
027368163X, 9780273681632
