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Which of the Following Would Do the Most to Reduce

question 90

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Which of the following would do the most to reduce a trade deficit?


Definitions:

Sales Tax

A tax imposed by the government on the sale of goods and services.

Percentage

A percentage is a mathematical term that describes a number expressed as a fraction of 100, used to denote a portion of a total.

Compound Interest

The interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Exponential Growth

A growth pattern characterized by the rate of increase becoming quicker relative to the growing total number or size.

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