Today, in the United States, Imports Are About

question 149

Multiple Choice

Today, in the United States, imports are about

• A) 16 percent of GDP.
• B) 32 percent of GDP.
• C) 8 percent of GDP.
• D) 4 percent of GDP.

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Definitions:

Conservative Theory

In economics, often refers to theories that prioritize free market principles, limited government intervention, and fiscal conservatism.

Charles Murray

An American political scientist, sociologist, and author known for his often controversial works on intelligence, social policy, and race.

Poverty Line

The minimum level of income deemed adequate in a particular country to live on, below which one is considered to be in poverty.

Public Assistance

Government programs designed to provide financial aid to individuals and families in need to support their basic life necessities.