Author Question: Which of the following correctly describes how the global pie is baked? A) The United States' ... (Read 91 times)

s.tung · **on:** Jun 30, 2018

Which of the following correctly describes how the global pie is baked?

A) The United States' share of economic pie is increasing while China's share is decreasing.
B) The increase in manufacturing has taken place in mainly the advanced economies.
C) Asia accounts for about 40 percent of the global pie.
D) Emerging economies account for about 25 percent of the global pie.
E) Advanced economies account for about 50 percent of the value of the world's production.

Question 2

Investment is a smaller component of GDP than consumption, but it is a more stable component.

Indicate whether the statement is true or false