Multiple Choice
How did General MacArthur's economic policies during the U.S. occupation influence Japan's economy in the decades following World War II?
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1. Introduction to Macroeconomics
Introduction to Economics
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Which of the following factors contributed to a weakening economy in the United States?
A
Rapid technological innovation
B
Increased exports
C
High unemployment rates
D
Decreased consumer spending
Verified step by step guidance1
Step 1: Understand the context of the question, which asks about factors that contribute to a weakening economy in the United States. A weakening economy typically involves reduced economic growth, higher unemployment, and lower consumer confidence.
Step 2: Analyze each option given: Rapid technological innovation usually boosts productivity and economic growth, so it is unlikely to weaken the economy.
Step 3: Increased exports generally strengthen the economy by bringing in more revenue from foreign markets, so this factor is also unlikely to cause economic weakening.
Step 4: High unemployment rates reduce overall income and consumer spending, which directly weakens the economy by lowering demand for goods and services.
Step 5: Decreased consumer spending reduces aggregate demand, leading to slower economic growth or contraction, which is a clear sign of a weakening economy.
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