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In both provinces, random households were selected and were offered their dietary staple at subsidized rates. After the completion of the project, it could be found that the demands from Hunan households who were offered the rice fell drastically. Meanwhile, the demands of wheat in Gansu implies weak evidence of the Giffen paradox.
Grelling–Nelson paradox: Is the word "heterological", meaning "not applicable to itself", a heterological word? (A close relative of Russell's paradox .) Hilbert–Bernays paradox : If there was a name for a natural number that is identical to a name of the successor of that number, there would be a natural number equal to its successor.
The Triffin dilemma (sometimes the Triffin paradox) is the conflict of economic interests that arises between short-term domestic and long-term international objectives for countries whose currencies serve as global reserve currencies. This dilemma was identified in the 1960s by Belgian-American economist Robert Triffin.
A paradox is a logically self-contradictory statement or a statement that runs contrary to one's expectation. [1] [2] It is a statement that, despite apparently valid reasoning from true or apparently true premises, leads to a seemingly self-contradictory or a logically unacceptable conclusion.
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
In economics, the Lerner paradox is the theoretical possibility that imposing tariffs raises the world price of the import good, causing a deterioration of the tariff-imposing country's terms of trade.
This type of status paradox describes how a migration of peoples can alter the status of these peoples, either higher or lower. It is related to economic inequality between world regions which creates incentives for transnational migrants to transfer resources earned in richer countries to poorer countries and, thereby, to gain buying power and social status.
Federalism is a mode of government that combines a general level of government (a central or federal government) with a regional level of sub-unit governments (e.g., provinces, states, cantons, territories, etc.), while dividing the powers of governing between the two levels of governments.