Japan's Status as a Rich Nation Is Attributable to

question 119

Multiple Choice

Japan's status as a rich nation is attributable to

• A)Japan's quantities of natural resources, but not to international trade.
• B)international trade, but not to Japan's domestic quantities of natural resources.
• C)the fact that Japanese productivity has remained nearly constant for more than 100 years.
• D)the fact that the Japanese have downplayed the role of human capital in economic growth.

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Definitions:

Eligibility Requirements

Specific criteria or conditions that individuals must meet in order to qualify for a program, service, or position.

Cash Balance Plans

A type of pension plan where an employer credits a participant's account with a set percentage of their yearly compensation plus interest charges.

Defined-benefit Plans

Retirement plans in which an employer promises a specified pension payment upon retirement, based on the employee's earnings history, tenure of service, and age.