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[Econ] [跪求Econ神]DSE PP-MC 15(28),14(26),12(24)

201528D:
increase in wealth>increase in Mt Not Ma.

2014 (3): increase in General PL or higher GPL =/= increase in /higher cost of living.
Typical textbook example: Increase in GPL, but quality of goods of services also increased > cost of living may decrease.

2012:
U-rate = # of unemployed / Labour force
(1): # of unemployed may increase: They return to HK and seek job =/= they get the job successfully.
(2): Labour force increases, because they return from Macau to HK

Change in u-rate depends on percentage change in (1) and (2)
   
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