Suppose that domestic investment in Japan is 20.2% of GDP, and Japanese national savings is 24% of GDP. What is Japan's foreign investment as a percentage of GDP?
A) 1.19% B) 3.8% C) 27.8% D) 44.2%
B
Economics
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If the government wants to decrease the quantity consumed of cigarettes 20%, what percentage of tax would they have to levy on cigarette consumption?
a. 20% b. 30% c. 40% d. 50%
Economics
In the long run, a monopolistically competitive firm earns small economic profits.
Answer the following statement true (T) or false (F)
Economics
An increased gas tax would result in ______.
a. more congestion on the road b. fewer vehicles on the road c. increased negative externalities d. more miles driven
Economics
One argument against free trade is the
A. considerate advantage argument. B. comparative advantage argument. C. absolute advantage argument. D. infant industry argument.
Economics