Which of the following was NOT a factor in Japan's post-World War II economic success?

a. a high rate of investment
b. a well-educated workforce
c. a high rate of natural resource discovery
d. a high rate of technological adoption


c

Economics

You might also like to view...

Which act of Congress declared tying contracts, exclusive dealing, and price discrimination illegal?

a. the Wheeler-Kefauver Act b. the Sherman Antitrust Act c. the Clayton Act d. the Wheeler-Lea Act e. the Celler-Kefauver Anti-Merger Act

Economics

Which of the following would be likely to expand a production possibilities curve?

a. a decrease in unemployment b. a decrease in price levels c. an increase in price levels d. none of the above

Economics

Other things constant, a decrease in credit card balances would ____ M1 and ____ M2. a. increase; increase

b. not change; increase. c. decrease; decrease. d. not change; not change.

Economics

For a pure monopolist, marginal revenue is less than price because:

A. the monopolist's demand curve is perfectly elastic. B. the monopolist's demand curve is perfectly inelastic. C. when a monopolist lowers price to sell more output, the lower price applies to all units sold. D. the monopolist's total revenue curve is linear and slopes upward to the right.

Economics