Asked by
Nadar Mahamud
on Oct 14, 2024Verified
The most accurate appraisal of the American economy early in the 21st century would be that we
A) had the largest economy in the world with no major economic problems.
B) had the largest economy in the world,but were faced with some major economic problems.
C) did not have the largest economy in the world,and had no major economic problems.
D) did not have the largest economy in the world and did face some major economic problems.
Economic Appraisal
It is the evaluation process used to determine the feasibility or viability of a project, primarily by assessing its costs and benefits.
American Economy
The economic system of the United States, characterized by its mixed economy, strong innovation, and high levels of consumer spending.
21st Century
The century that began on January 1, 2001, and will end on December 31, 2100, marking the current century in the Gregorian calendar.
- Understand the relative size and challenges of the American economy in the early 21st century.
Verified Answer
RT
Learning Objectives
- Understand the relative size and challenges of the American economy in the early 21st century.