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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 1
The country with the world's largest output is _________.
Explanation
Verified
Verified
The United States is the sole superpower and a way ahead from all its competitors. The nation has the highest standard of living, low poverty rates, low unemployment rates, rapidly expanding industries etc.
Thus, the national output is more than that of its competitors combined.
Conclusion
Thus, the country with the world's largest output is the United States.
Thus, the national output is more than that of its competitors combined.
Conclusion
Thus, the country with the world's largest output is the United States.
Microeconomics 9th Edition by Stephen Slavin
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