The Stolper-Samuelson Theorem predicts
A) the level of productivity in export industries.
B) which factors are abundant.
C) the income distribution effects of trade.
D) which goods will be exported.
C
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The M-Form of corporate organization
a. organizes employees along the functions or tasks that they perform b. organizes employees along the customer types that they serve c. organizes employees along individual projects that arise d. organizes employees into softball teams
Screening occurs when
a. an informed party acts to reveal his private information. b. an informed party acts to conceal his private information. c. an uninformed party acts to induce the informed party to reveal private information. d. an uninformed party acts on its limited information.
A bank's assets are $400 million and its liabilities are $300 million, which means that the bank's net worth (bank capital) is ____________________. If the bank's assets rise by 8% at the same time that its liabilities rise by 5%, the bank's new net worth will then be _______________
A) $700 million; $713 million B) $100 million; $117 million C) $100 million; $102 million D) $350 million; $360.5 million
The average tax rate is calculated in the following manner:
A. Taxes Paid/Taxable Income. B. Taxable Income/Taxes Paid. C. Additional Taxes Paid/Additional Taxable Income. D. Additional Taxable Income/Additional Taxes Paid.