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:

Welfare of Society

The overall health, happiness, and well-being of a community or civilization, often considered in economic and social policies.

Collusion

An agreement between parties, often secretly, to limit open competition by deceiving or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage.

Fraudulent

Deliberately deceitful behavior intended to gain an unfair or unlawful advantage, which can encompass a wide range of activities including false representation and falsification of documents.

Deceitful

Characterized by dishonesty or manipulation to obscure the truth for personal or professional gain.