Which of the following empirical studies provided the most support for the heckscher-Ohlin model?

A) the study by Wassily Leontief
B) the study by Bowen, Leamer, and Sveikauskas
C) the study by David Ricardo
D) the study by Adam Smith
E) the study by Davis and Weinstein


E

Economics

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Answer the next question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10%. If the price of this bond falls by $200, the interest rate will

A. fall by 2.5 percentage points. B. fall by 5 percentage points. C. rise by 5 percentage points. D. rise by 2.5 percentage points.

Economics

If an increase of $10 billion of investment results in an increase in equilibrium expenditure of $40 billion, the multiplier equals

A) $10 billion ÷ $40 billion = 0.25. B) $40 billion - $10 billion = $30 billion. C) $10 billion × $40 billion = $400 billion. D) $10 billion - $40 billion = -$30 billion. E) $40 billion ÷ $10 billion = 4.

Economics

Compared to a barter economy, using money increases efficiency by reducing

What will be an ideal response?

Economics

Refer to the information provided in Table 30.1 below to answer the question(s) that follow.  Table 30.1Refer to Table 30.1. From 2015 to 2016 the real wage

A. rises. B. falls. C. stays the same. D. rises then falls.

Economics