Author Question: In the four-quadrant diagram of the specific factors model, the graph in the upper left quadrant is ... (Read 67 times)

rayancarla1

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In the four-quadrant diagram of the specific factors model, the graph in the upper left quadrant is a country's
 
  A) production function for food.
  B) production possibility frontier.
  C) labor allocation constraint.
  D) production function for cloth.
  E) labor supply curve.

Question 2

The interest parity condition can be written as
 
  A) R = R - (Ee - E)/E.
  B) R = R + (Ee - E)/E.
  C) R = R2 - (Ee - E)/E.
  D) R = R /(Ee - E).
  E) R = R + (Ee + E)/E.



Kimmy

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Answer to Question 1

A

Answer to Question 2

B



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