China's recent experience supports the proposition that

A) "economic miracles" are solely to be expected in small countries.
B) central planning and socialism can promote sustained economic growth.
C) a lessening of income disparities is a prerequisite for economic growth.
D) growth in a large country cannot be affected by its foreign sector.
E) policy changed can dramatically prompt export oriented growth


E

Economics

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A tax may be used as a corrective device in the case of a negative externality because it will __________ marginal private costs and __________ supply.

A. increase; decrease B. increase; increase C. decrease; decrease D. decrease; increase

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Making international comparisons of purchasing power is:

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In short-run equilibrium for a competitive firm, economic profits:

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Economics