Which of the following countries is not one of the top three exporting countries in the world?

A) China
B) Germany
C) South Korea
D) the United States

Answer: C

Economics

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Historic data indicate that there is usually a ________ relationship between trade deficits and federal government budget deficits

A) negative B) zero C) positive D) fluctuating

Economics

Suppose that in 2016, real GDP grew in Estonia by 3% and the population increased by 5%. Therefore, in 2016, Estonia experienced

A) economic growth and an increase in living standards. B) no economic growth, but an increase in living standards. C) no economic growth and no increase in living standards. D) economic growth, but not an increase in living standards.

Economics