Chat with AI
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 21
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) Americans are very willing to buy domestically produced goods, even if they are more expensive than imported goods.
B) We import more foreign goods than we did 40 years ago, but merchandise imports are still about the same percentage of our GDP.
C) In the decades following World War II, the Japanese consumer has strongly favored domestically manufactured goods over imports.
D) America has maintained its technological lead.
A) Americans are very willing to buy domestically produced goods, even if they are more expensive than imported goods.
B) We import more foreign goods than we did 40 years ago, but merchandise imports are still about the same percentage of our GDP.
C) In the decades following World War II, the Japanese consumer has strongly favored domestically manufactured goods over imports.
D) America has maintained its technological lead.
Explanation
Verified
Verified
During the recent years US economy has b...
Macroeconomics 11th Edition by Stephen Slavin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
