http://www.forbes.com/business/2007/04/25/china-growth-inflation-biz-cx_0426oxford.html

not yet done with reading the article and its time to go to lunch.. i'll finish later

Goodluck in your surgery!

Homework

1. The GDP does not measure a country's well being. It only measures the money spent by it, spending in country's which wage war or suffer from natural disaster have a very high GDP. Yet the people in that country would not exactly be considered lucky and happy. Therefore just looking at the GDP does not reflect the well being of a country. High growth rates in GDP are not always desirable, for example if land is being used to grow crops using damaging chemicals, the next year the land might be fertile enough to grow crops even though the previous year it had increase the GDP.

2. The countries which allow those activities have more things included in their GDP, therefore their GDP will seem relatively higher than that of the countries which do not count it.

3. don't know
In 1996
2005

4. A) in
B)out
C)in
D)in
E)out
F)out

5. By putting a monetary value on the quality of the time. No clue how to measure though