What Is the Primary Reason That China's Economy Returned to Their

question 193

Multiple Choice

What is the primary reason that China's economy returned to their previous GDP growth rate of 10 percent in less than two years and the U.S.economy remained in the stagnated state for years?

• A)They export more than they import.
• B)They have smarter economist.
• C)Their stimulus was 30 percent of their GDP spent in one year and almost a year earlier than the U.S.whose stimulus was 15 percent of GDP divided over a three year period.
• D)Increased exports to the United States was the stimulus that restored the economy.

Understand the basic concept and importance of ethical conversations in business.

Gain knowledge of the social responsibility of businesses towards the community.

Comprehend the relationship between law, ethics, and business practices including statutory limitations.

Distinguish between business ethics and general ethics.

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Definitions:

Easton Bats

A brand known for manufacturing sports equipment, particularly high-quality baseball and softball bats.

Burden of the Tax

The distribution of the financial impact of a tax between buyers and sellers in a market.

Deadweight Loss

An economic inefficiency resulting from the failure to achieve or the impossibility of achieving equilibrium in the market for a particular good or service.

Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of that good that suppliers are willing to provide.