Question
Read the paper below: http://web.archive.org/web/20200715073533/https://mitsloan.mit.edu/LearningEdge/CaseDocs/08-076%20Ecommerce%20at%20Yunnan%20Lucky%20Air%20-%20Lehrich.pdf And answer the following question (with 1 citation in APA 7 in each answer) Question 1: The Chinese government spent
Read the paper below:
http://web.archive.org/web/20200715073533/https://mitsloan.mit.edu/LearningEdge/CaseDocs/08-076%20Ecommerce%20at%20Yunnan%20Lucky%20Air%20-%20Lehrich.pdf
And answer the following question (with 1 citation in APA 7 in each answer)
Question 1: The Chinese government spent USD $20 billion on upgrading and opening new airports. What effect does this kind of policy initially have on GDP and unemployment? Question 2: What additional effects to GDP may occur in the years following the investment in airport infrastructure? Question 3: The Central Bank of China's main policy goal is to maintain the stability of the country's currency. What benefits might a stable currency have to Lucky Air as it expands internationally? Question 4: Suppose that inflation started to take hold in the Chinese economy. What affect would that have on Lucky Air's costs and ticket prices? Question 5: Since the case study was written, Lucky Air has flights to 11 foreign countries. In your opinion, do you believe Lucky Air has been a successful firm? Why or why not?
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