When Toyota introduced the new Prius in the United States, which of the following occurred?


A The hybrid car was not as successful as expected.

B The costs of manufacturing were too high and Toyota had to stop production.

D All of the above

C Toyota confronted the risk of making large investments and the uncertainly over future oil prices.

C Toyota confronted the risk of making large investments and the uncertainly over future oil prices.

Economics

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Explain what economists mean when they characterize the income tax system as progressive

What will be an ideal response?

Economics

Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3?

A) 1.7 percent B) 2.0 percent C) 7.7 percent D) 5.9 percent

Economics