There are a lot of differences between us and china


There are a lot of differences between US and China economies. Compared to the U.S. economy, the Chinese economy has which of the following? ----

A. Chinese economy has a larger share of consumption in GDP, say 85% for China and 65% for US.

B. China has a larger share of personal saving

C. Being a communist economy China has a larger budget deficit in billions of dollars

D. China has adopted a contractionary fiscal and monetary policy in recent years.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: There are a lot of differences between us and china
Reference No:- TGS01117165

Expected delivery within 24 Hours