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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 35
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) Nearly every major economic innovation originated abroad and was then applied in the United States.
B) The United States provides a poor environment for innovation.
C) Freedom of thought, a risk-taking culture, and a noncorrupt bureaucracy have made the United States very hospitable to innovation.
D) Although the United States was once the world's leading innovator, since we lost most of our manufacturing base, we are no longer a major innovator.
A) Nearly every major economic innovation originated abroad and was then applied in the United States.
B) The United States provides a poor environment for innovation.
C) Freedom of thought, a risk-taking culture, and a noncorrupt bureaucracy have made the United States very hospitable to innovation.
D) Although the United States was once the world's leading innovator, since we lost most of our manufacturing base, we are no longer a major innovator.
Explanation
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It has ben argued that the country has a...
Macroeconomics 11th Edition by Stephen Slavin
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