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.

---

Definitions:

Predetermined Overhead Rate

An estimated rate used to charge overhead costs to products or job orders, based on a selected allocation base anticipated before the accounting period.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products based on a specific activity base.

Machine-Hours

A measure of production output or capacity, indicating the total hours that machinery is operated over a specific period.

Fixed Overhead

Regular, unchanged costs incurred by a business for its operations regardless of varying levels of production, such as rent, salaries, and insurance.