This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The relative amounts of the goods that will be exchanged for each other in trade refers to the ... (Read 171 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The relative amounts of the goods that will be exchanged for each other in trade refers to the nations'
 
  A) autarky status. B) absolute advantages.
  C) terms of trade. D) production possibilities.

Question 2

Refer to the figure above. What is the initial equilibrium wage rate and employment level?
 
  A) 60 and 20 units of labor B) 40 and 40 units of labor
  C) 50 and 40 units of labor D) 20 and 40 units of labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

An Extinct Vertebrate and a Modern Relative An Extinct Vertebrate and a Modern Relative
Relative Ventricular Size in Chronic Schizophrenics and Controls Relative Ventricular Size in Chronic Schizophrenics and Controls
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
Blowby gases coming out of the crankcase vent hose. Excessive amounts of combustion gases flow ... Blowby gases coming out of the crankcase vent hose. Excessive amounts of combustion gases flow ...
Cell Grown in 15N and 14 N: Graph of Relative DNA Concentration Vs. the Density Cell Grown in 15N and 14 N: Graph of Relative DNA Concentration Vs. the Density
Relative levels of neuronal loss in HD transgenic mice Relative levels of neuronal loss in HD transgenic mice
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library