In which of the following countries has economic growth been sufficiently strong in recent history to propel that country from being among the poorest in the world to being among the richest in the world?
A. India
B. Mexico
C. Nigeria
D. Singapore
Answer: D. Singapore
Economics
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If the output gap is greater than zero, real GDP is ________ potential GDP, and the economy will ________ to reach full employment
A) greater than; expand B) greater than; contract C) less than; expand D) less than; contract
Economics
The United States relies heavily on markets and so cannot be characterized as a mixed economy.
Answer the following statement true (T) or false (F)
Economics