This topic contains a solution. Click here to go to the answer

Author Question: The deteriorating-terms-of-trade-argument is based on an assumption that the value of ____ will fall ... (Read 99 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
The deteriorating-terms-of-trade-argument is based on an assumption that the value of ____ will fall over time.
 a. labor inputs
  b. capital inputs
  c. technology
  d. manufactured goods
  e. primary products

Question 2

A tax would not impose a welfare cost only if:
 a. the quantity exchanged did not change as a result.
  b. supply was perfectly elastic.
 c. supply was unit elastic.
 d. the demand curve was perfectly elastic.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eunice618

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

e

Answer to Question 2

a




jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library