Mastery Assess It 7 E

9. One of John Maynard Keynes' most famous quotes is, "In the long run we are all dead." As it relates to fighting recession, what do you suppose he meant?

10. What caused China's phenomenal economic growth rate over the last 30 years, and why is it likely to be unsustainable in the long run?

19. Describe at least one cost and one benefit of outsourcing from both the perspective of American workers and foreign workers.