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Which of the following issues is NOT a long-term problem that may hamper the US economy? A. Low net population growth rates B. Declining economic

Which of the following issues is NOT a long-term problem that may hamper the US economy?

A.

Low net population growth rates

B.

Declining economic growth rates

C.

Rising foreign debt levels

D.

Increasing income and wealth inequality

Which of the following government actions initially led the US economy away from its laissez-faire origins?

A.

Great Society of the 1960's

B.

GI Bill of the 1940's

C.

New Deal of the 1930's

D.

Deregulation of the late 1970's and early 1980's

Which form of keiretsuis commonly criticized by foreign nations as unfair to competitors?

A.

Vertical keiretsu

B.

Horizontal keiretsu

According to our authors, what is the greatest challenge facing the Japanese economy?

A.

Declining population

B.

Declining life expectancy

C.

Excessive wage inequality

D.

High tariffs on imports and exports

At the time our book was written,90percent of Japan's trade surplus with the US came from four sectors. Which of the following sectors is NOT one of these four surplus sectors?

A.

Automobiles

B.

Construction equipment

C.

Consumer electronics

D.

Semiconductors

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