What kind of economy does the United States have?
A.
The United States has a single-resource economy because it is capable of producing most of the food and natural resources needed by its citizens.
B.
The United States has a diversified economy because certain of its exports, such as airplanes, are used by different nations all around the world.
C.
The United States has a diversified economy because it exports a wide range of goods, including soybeans, oil, and airplanes.
D.
The United States has a single-resource economy because its top exports are food products, such as soybeans, meat, and poultry.
Answers
Answer:
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Answer:
The United States has a single-resource economy because it is capable of producing most of the food and natural resources needed by its citizens.
Explanation:
Due to tighter financial conditions, growth will decelerate in 2022 from 2021. Nevertheless, the robust labour market will sustain individual consumption, investment should remain largely healthy as businesses seek to increase their capacity for production, and the energy industry will benefit from the conflict in the Ukraine. Risks include the development of new Covid-19 variations, escalating hostilities, and tensions with China. The panellists on FocusEconomics expect GDP to rise 2.8% in 2022, which is 0.4 percentage points less than they predicted one month earlier. Our panel predicts that the GDP will grow by 2.0% in 2023.
The U.S. economy is still the biggest and most significant in the world, while suffering difficulties at home and a globe that is constantly changing.
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