Henry Ford is most recognized for:
a. inventing new technology to further the steel production process.
b. developing the first investment banks.
c. implementing the first progressive, moving assembly-line system for large, complex final products.
d. playing an integral role in developing the first American factory.
c. implementing the first progressive, moving assembly-line system for large, complex final products.
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A bundle of goods that costs $1 in the U.S. is worth 5 units in Country A's currency. If Country A's GDP in its own currency is 5,000,000 units, Country A's GDP in purchasing power parity-adjusted dollars is ________
A) $1,000,000 B) $50,000,000 C) $2,500,000 D) $3,000,000
Which of these economies has the highest saving rate?
A) Greece B) China C) United States D) Brazil E) Japan