In 2012, which of the following countries had the highest share of consumption spending in GDP?

A) the United States B) France C) Germany D) China

A

Economics

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Which of the following is a tool used for protectionism?

A) Service tax B) Bank rate C) Tariffs D) Open market operations

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The free-rider problem is the reason way private markets are unlikely to achieve the efficient level of production of

A) normal goods. B) excludable goods. C) public goods. D) private goods.

Economics