Which of the Following Is NOT an Economic Element of the United

question 56

Multiple Choice

Which of the following is NOT an economic element of the United States in relation to its position in the world economy?

• A)Although it has a trade deficit with most competitors,it exports more goods than it imports.
• B)It has a wide base of natural resources.
• C)It has the most diversified economy among its major competitors.
• D)It is the most economically competitive of its major competitors.
• E)All of these answers are correct.

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Definitions:

Determined Actions

Refers to actions whose outcomes are influenced or dictated by prior conditions or laws, suggesting a lack of free will.

Compatibilism

The thesis that both determinism (in some interpretations) and free action can be true. Determinism does not rule out free action, and the possibility of free action does not require that determinism be false. They are compatible positions.

Kant

Immanuel Kant was an 18th-century German philosopher whose work in epistemology, ethics, and aesthetics had a profound influence on modern Western philosophy, especially through his doctrine of transcendental idealism.

Practical Reason

The application of our rationality to practical problems—particularly moral problems—the solution to which consists in action (as opposed to a statement or a theory).