MacDougall's results can be interpreted as
A) evidence against the classical model.
B) evidence against the Heckscher-Ohlin model.
C) support for the classical model.
D) support for the Heckscher-Ohlin model.
C
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Following adjustments to a new equilibrium in a market, the market clearing price remains unchanged, but the equilibrium quantity is now lower. Which of the following could definitely have caused this outcome?
A) Demand and supply both increased. B) Demand and supply both decreased. C) Demand increased, and supply decreased. D) Demand decreased, and supply increased.
Which of the following was NOT used to finance the Civil War (1861–1865)?
(a) Taxation (b) Borrowing (c) Printing money (d) Large voluntary contributions from individuals opposed to slavery
In 1940 _____ of the population over 25 had a college degree
a. less than 5 percent b. around 10 percent c. around 15 percent d. more than 20 percent
Borrowing VCU3 from an online company cause the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to remain the same. d. M2 money supply to fall.