The standard interpretation of the Ricardian model is that differences in factor endowments between countries account for differences in labor productivity
a. True
b. False
Indicate whether the statement is true or false
False
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What do structural reform policies emphasize?
What will be an ideal response?
The federal government agency that insures demand deposits for up to $100,000 is the
a. Federal Reserve System b. Federal Deposit Insurance Corporation c. Federal Savings and Loan Insurance Corporation d. Resolution Trust Corporation e. Bank Insurance Trust Corporation
The unemployment rate:
A. increases before the start of a recession. B. decreases during recessions. C. increases only after the recession has ended. D. increases during recessions.
Unemployment is a:
A. lagging indicator, because the business cycle follows it. B. lagging indicator, because it follows the business cycle. C. leading indicator, because the business cycle follows it. D. leading indicator, because it follows the business cycle.