Important consideration in short run factor, Macroeconomics

Assignment Help:

Which of the following is an important consideration in short run factor-proportions trade analysis?

a. Comparative advantages only occur in theory.

b. Specific factors are always free to move intra-industrially.

c. In the real world, wage and rent earnings are differentiated in the short run.

d. Gains from trade are always greater in the long run.

Related Discussions:- Important consideration in short run factor

Considering two types of water heaters, A company is considering two types ...

A company is considering two types of water heaters. The associated costs are shown below. The estimated annual cost of operation for oil heaters equals 365 x 41045/EF x Fuel Cost

Particular public policy, Select a particular public policy with which you ...

Select a particular public policy with which you are familiar and discuss two positive and two negative aspects of that policy. b. What goal do you think the policy makers were try

Balance of payment, what causes a shift in the balance of payment?

what causes a shift in the balance of payment?

Explain the time constant of the circuit, A coil of inductance 0.04H and re...

A coil of inductance 0.04H and resistance 10Ω is linked to a 120V, d.c. supply. Determine (a) The ?nal value of current, (b) The time constant of the circuit, (c) The va

Calculate the desired capital stock, Suppose that the desired capital stock...

Suppose that the desired capital stock is given as: K* = 0.3Y/i r Where Y = GDP, and i r is the real interest rate. Suppose further that Y = $5 trillion and that i r

Growth, I used to think that economic growth ( more production) was only po...

I used to think that economic growth ( more production) was only possible / able to occur because banks lent out more than they had (fractional reserve credit banking). Apparently

Explain is curve with inflation, Q. Explain IS curve with inflation? T...

Q. Explain IS curve with inflation? The IS curve with inflation We can draw IS curve for a given value of π e . As earlier explained, IS curve isn't affected by changes

Enumerate the statement- interest rates with longer maturity, Enumerate the...

Enumerate the statement- Interest rates with longer maturity Since loans with longer maturities are substitutes for overnight loans, the central bank also has some control o

AGGREGATE SUPPLY CURVE, The production function is Q=3LK

The production function is Q=3LK

What are the capitalist countries in the world, Capitalism is the dominant,...

Capitalism is the dominant, most used form of government there is in the globe today. Presently, over 80% of countries use capitalism and a free market economy.

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages