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Author Question: The 1987 study by Bowen, Leamer and Sveikauskas A) supported the validity of the Leontief ... (Read 55 times)

RODY.ELKHALIL

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on: Jun 30, 2018
The 1987 study by Bowen, Leamer and Sveikauskas
 
  A) supported the validity of the Leontief Paradox.
  B) supported the validity of the Heckscher-Ohlin model.
  C) used a two-country and two-product framework.
  D) demonstrated that in fact countries tend to use different technologies.
  E) proved that the U.S.'s comparative advantage relied on skilled labor.

Question 2

The higher the expected inflation rate in a country, the lower is the nominal interest rate in that country.
 
  Indicate whether the statement is true or false


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cpetit11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

FALSE
Explanation: The Fisher effect says the opposite: the higher the nominal interest rate.


RODY.ELKHALIL

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultansheikh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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