Which Statement Is NOT an Explanation for Why Germany and Japan

question 33

Multiple Choice

Which statement is NOT an explanation for why Germany and Japan both grew faster than the United States following World War II?

• A) Both countries had very little capital stock remaining after the war.
• B) Both countries had a high marginal product of capital after the war.
• C) Both countries had strong incentive to put new capital stock into place.
• D) Both countries were experiencing cutting-edge growth at the time.

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Definitions:

Market Demand Curve

A graphical representation that shows the relationship between the price of a good and the total quantity demanded by all consumers in the market.

Barrier To Entry

Factors that make it difficult for new firms to enter a market, such as high initial costs or stringent regulations.

Video Game Console

A video game console is a specialized computer system designed for interactive video gaming, often connected to a television or other display.

Network Externalities

The effect that an additional user of a good or service has on the value of that product to others, often leading to a positive feedback loop.