The evidence usually cited to prove that globalization hurts workers in developing countries
A) is inconclusive due to poor statistical design of the underlying samples.
B) is inconclusive due to the poorly funded Central Statistical Office of Mexico.
C) is inconclusive due to the ambiguous theoretical implications of the findings.
D) is conclusive.
E) does not take into account the Heckscher-Ohlin model.
C
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The XYZ Company has estimated expected cash flows for 1996 to be as follows:
Probability Cash flow .10 $120,000 .15 140,000 .50 150,000 .15 180,000 .10 210,000 Calculate: a. expected value b. standard deviation c. coefficient of variation d. the probability that the cash flow will be less than $100,000
The purchase of VCU2 by Tomas Tiergarten, a private resident,causes the nation's:
a. Monetary base to fall. b. M2 money supply to fall. c. M2 money multiplier to remain the same. d. Monetary base to rise.
A country reported nominal GDP of $115 billion in 2010 and $125 billion in 2009 . It also reported a GDP deflator of 85 in 2010 and 100 in 2009 . Between 2009 and 2010,
a. real output and the price level both rose. b. real output rose and the price level fell. c. real output fell and the price level rose. d. real output and the price level both fell.
The fact that you can use money to compare the value of one good to another is a result of which characteristic?
A. The fact that it is a store of value. B. The fact that it is a measure of value. C. Its use as a medium of exchange. D. The fact that it is backed by gold.