One Potential Problem with the Chinese Government's Increases in Spending

question 80

Multiple Choice

One potential problem with the Chinese government's increases in spending on capital goods is that these increases have been achieved through

• A) high levels of borrowing in global financial markets.
• B) decreases in private consumption.
• C) debt refinancing and tariff revenues.
• D) a rapid expansion of the money supply.

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Definitions:

Developing Countries

Nations characterized by a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

Higher Safety Standards

Enhanced or elevated measures and regulations implemented to ensure the well-being and protection of individuals and environments.

Carbon Emissions Per Capita

A measure of the total amount of carbon dioxide emissions produced by a country, divided by the country's population, indicating the average carbon footprint per person.

Continent

One of the large landmasses on the earth's surface, traditionally counted as seven in number.