Which of the following are myths about the U.S. economy? Check all that apply. A. The United States is a relatively closed economy. B. Americans are among the most heavily taxed people in the world. C. Business profits account for roughly one-third of the price Americans pay for typical goods and services. D. More than 85% of what Americans buy is made in the United States.

Which of the following are myths about the U.S. economy? Check all that apply. A. The United States is a relatively closed economy. B. Americans are among the most heavily taxed people in the world. C. Business profits account for roughly one-third of the price Americans pay for typical goods and services. D. More than 85% of what Americans buy is made in the United States.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 13AA

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