The Country with the Highest Power Distance Score Is

question 55

Multiple Choice

The country with the highest Power Distance score is:

• A)United States
• B)United Kingdom
• C)Japan
• D)Russia

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Definitions:

Inefficiency

A situation in which resources are not used in the most productive way, leading to wasted inputs or suboptimal output.

Output

The total amount of goods or services produced by a firm or economy.

Taxed Away

Refers to the reduction in income or resources that occurs as a result of taxation.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is not achievable.