« previous next »

Author Question: Refer to Table 5.1. Does either Andrea or Hector have an absolute advantage and if so, in what ... (Read 26 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
Refer to Table 5.1. Does either Andrea or Hector have an absolute advantage and if so, in what product?
 
  A) Andrea only has an absolute advantage in producing bracelets.
  B) Hector only has an absolute advantage in producing bracelets.
  C) Andrea has an absolute advantage in producing both products.
  D) Hector only has an absolute advantage in producing tiaras.

Question 2

The above table has the private demand for loanable funds and the private supply of loanable funds schedules.
 
  If the government budget surplus is 200 billion, and there is no Ricardo-Barro effect, the equilibrium real interest rate is ________ and the equilibrium quantity of loanable funds is ________.
  A) 8 percent; 700 billion
  B) 4 percent; 700 billion
  C) 4 percent; 500 billion
  D) 8 percent, 500 billion
  E) 6 percent; 600 billion


bookworm410

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

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?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Periodic Table Tattoo Periodic Table Tattoo
Body mass index table. Body mass index table.
Knead the calf muscles with both hands. Place the foot flat on the table, knee bent. Reach behind ... Knead the calf muscles with both hands. Place the foot flat on the table, knee bent. Reach behind ...
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ... Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ...
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library