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 199 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
:D TYSM

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Ivory trade in East Africa during the 1880s and 1890s Ivory trade in East Africa during the 1880s and 1890s
Different parts of the body mature at different rates. “General” refers to the body as a whole: the Different parts of the body mature at different rates. “General” refers to the body as a whole: the
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Relative Humidity Relative Humidity
How to reflect the quadratic function relative to the x-axis How to reflect the quadratic function relative to the x-axis
Video: Tuberculosis Testing

For a complete list of videos, visit our video library