Which Statement Is True

question 203

Multiple Choice

Which statement is true?

• A)In both the 19^th century and since the 1980s we borrowed from foreigners to finance both capital expansion and consumption.
• B)In neither the 19^th century nor since the 1980s we borrowed from foreigners to finance both capital expansion and consumption.
• C)In the 19^th century we borrowed from foreigners to finance capital expansion and since the 1980s we borrowed to finance consumption.
• D)In the 19^th century,we borrowed from foreigners to finance consumption and since the 1980s we borrowed to finance capital expansion.

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Definitions:

Production Processes

The methods and sequences of operations used by manufacturers to produce goods, involving material selection, fabrication, and assembly.

Promotional Campaign

An organized course of action to promote a product, service, or event to increase awareness, sales, or engagement among target audiences.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

GDP

Gross Domestic Product, the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.