The country with the second-highest GDP in the world, behind only the United States, is
A. India.
B. Germany.
C. Russia.
D. China.
Answer: D
You might also like to view...
A unique feature of an oligopolistic industry is
A. large number of producers. B. standardized products. C. mutual interdependence. D. low barriers to entry.
The Clayton Act of 1936 outlawed price discrimination that reduced competition
Indicate whether the statement is true or false
The deteriorating-terms-of-trade argument has been used to justify import-substitution policies
a. True b. False Indicate whether the statement is true or false
The demand for reserves increases as the price level rises because
a. people want money to buy goods that will appreciate with inflation. b. people need more money to finance transactions. c. the opportunity cost of holding money increases. d. higher prices reduce the value of dollar assets.