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The USLeads the World in Annual R&D Expenditures While Japan Is

question 95

True/False

The U.S.leads the world in annual R&D expenditures while Japan is fast increasing its R&D expenditures in physics,biophysics,and computer science.


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Products or services that can serve the same purpose or function, making them easily replaceable with one another in consumption or use.

Pollution Laws

Legislation that sets limits on the emission of pollutants into the environment, aiming to protect air and water quality.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can influence the market price.

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Financial gains that exceed the costs and expenditures incurred in generating revenue.

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