In 2014, National Defense Spending as a Proportion of GDP

question 71

Multiple Choice

In 2014, national defense spending as a proportion of GDP was highest in

• A)Japan.
• B)the United Kingdom.
• C)the United States.
• D)Germany.

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Definitions:

Raisins

Dried grapes often used in cooking and baking or eaten as a snack.

Mark-up

The gap between the acquisition cost of a product or service and the price at which it's sold, calculated as a fraction of the initial cost.

Operating Profit

Income generated by the primary activities of a business before tax and interest deductions are taken into account.

Discount

A reduction from the usual cost of something, often expressed as a percentage off the regular price.