The United States has roughly how much of the world's arable land?
A. 8 percent.
B. 12 percent.
C. 10 percent.
D. 14 percent.
Answer: B
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The economic freedom associated with a market economy creates greater incentives for innovation and entrepreneurship than either a planned or a mixed economy.
a. true b. false
Which of the following countries has the lowest export ratio?
A. Haiti. B. The United States. C. India. D. Samoa.
If a fiscal stimulus package is enacted after the end of the recession it was intended to cure, this is an example of
A. An implementation problem. B. A design problem. C. A measurement problem. D. A goal conflict.
A fall in a foreign country's income will most likely cause:
A. an increase in U.S. exports, so the U.S. aggregate demand curve shifts left. B. a reduction in U.S. exports, so the U.S. aggregate demand curve shifts right. C. a reduction in U.S. exports, so the U.S. aggregate demand curve shifts left. D. an increase in U.S. exports, so the U.S. aggregate demand curve shifts right.