Friday quiz

Guess what the percentage of GDP are exports in (a) USA; (b) Germany; and (c) China. Don’t look it up! We’ll discuss tomorrow. Bonus unfun: (1) Twitter; (2) SAT; (3) Facebook.

2 Responses to “Friday quiz”

  1. feeblemind Says:

    Germany, being in the middle of the EU probably had the largest pct., followed by China. USAhas likely smallest percentage due to our large service sector.

    Interesting that Twitter and Facebook want to run off so many potential customers. If I was an investor I wouldn’t be happy about that.

    SAT: If an arbitrary and subjective number is plugged in to adjust the score, then what is the point in taking the test?

  2. feeblemind Says:

    Chinese productivity growth has gone into reverse for the first time since the Cultural Revolution tore the country apart in the 1970s, according to a new study, highlighting the failure of recent reforms to set China on a sustainable development path.

    https://www.reuters.com/article/us-china-productivity/productivity-goes-negative-as-china-slips-toward-middle-income-trap-study-idUSKBN0GS2MP20140828

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