Question

Question 2 of 20
The United States is considered to have a high standard of living because:
A. its businesses rarely have to pay taxes to the federal government.
B. it receives economic aid from many foreign countries.
C. its citizens and businesses control a large amount of wealth.
D. it ties the value of its currency to gold and other precious metals.

Answer 1

Answer:

a

Explanation:

Answer 2

Standard pf living is a way of life and includes the total profitability of the nation. Employment, opportunities and income availability, and ease of affordable goods and services.

• The standard of living is generally applied to the location rather than to the individual. It is affected by the factors mentioned above.

• The US has a high value of life or living due to wealth, income, and housing.

Hence the option C is correct.

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