In order to raise the rate of economic growth the United States needs to
A. Spend more on consumer goods.
B. Use older, tried and true technology.
C. Have its consumers save less.
D. Have its business firms invest more.
D. Have its business firms invest more.
Economics
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Economics
Developing countries often justify imposition of tariffs because:
a. it creates a burden on government budget. b. it is easy to collect direct taxes from people in the developing countries. c. a large number of people in the developing countries earn a taxable income. d. developing countries find income taxes difficult to levy and collect. e. the volume of imports of these countries is considerably low.
Economics