Author Question: If an economy experiences an increase in its capital stock, everything else constant, then at ... (Read 55 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
If an economy experiences an increase in its capital stock, everything else constant, then at constant world prices, it will
 
  A) produce more of the labor intensive good and less of the capital intensive good.
  B) produce more of both goods.
  C) produce the same amount of both goods.
  D) produce less of the labor intensive good and more of the capital intensive good.

Question 2

The share of ________ goods in employment is ________ across the country. The share of ________ goods in employment is ________ across the country.
 
  A) nontraded; uniform; traded; variable
  B) traded; uniform; nontraded; variable
  C) durable; uniform; nondurable; variable
  D) nondurable; uniform; durable; variable
  E) nontraded; variable; traded; uniform



ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library