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.

Recognize the distribution of federal government spending, including defense and entitlement programs.

Understand the impact of earning additional taxable income on tax liabilities.

Analyze the effects of flat or "fair" tax schemes on different income groups.

Learn about significant federal mandates and their financial implications on states and local governments.