ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ____ of entrepreneurship than Germany and Russia
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high taxes
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loosening regulations
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UK has a higher level
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lot of regulations
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lower in Europe
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Explanation:
Detailed explanation-1: -What do the economic systems of the United Kingdom, Germany, and Russia have in common? A. All are examples of pure market economies.
Detailed explanation-2: -Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany.
Detailed explanation-3: -It is the world’s ninth-largest economy by nominal GDP, and the sixth-largest by PPP. Russia’s membership to the WTO was accepted in 2011. $2.133 trillion (nominal; 2022 est.) $4.649 trillion (PPP; 2022 est.)
Detailed explanation-4: -Germany (€4.0 trillion), United Kingdom (€3.2 trillion), France (€2.7 trillion), Russia (€2.1 trillion), Italy (€1.9 trillion), Spain (€1.4 trillion)
There is 1 question to complete.