A Large Land Mass

question 39

Multiple Choice

A large land mass

• A) is the greatest determinant of state power.
• B) does not impact state behavior.
• C) is usually accompanied by a sizable agricultural and industrial base.
• D) is a burden to a state in the modern,technologically advance age.

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Definitions:

Closed Economy

An economy that does not engage in international trade with other economies, neither importing nor exporting goods and services.

Government Deficit

The financial situation in which a government's expenditures exceed its revenues within a given fiscal period, leading to borrowing or debt accumulation.

Private Saving

The portion of households' income that is not consumed or paid in taxes, and is instead saved for future use.

Macroeconomist

An economist who focuses on broad issues such as inflation, unemployment, and national economic growth.