【判断题】Suppose an influenza pandemic were to significantly decrease the population of a country. We would predict a decrease in the marginal product of land in that country
【单选题】Suppose country A produces two goods, good X and good Y. Production of good X involves an intensive use of highly skilled workers. However, good Y is a relatively capital-intensive good. If the countr...
【单选题】Suppose country A had been traditionally enjoying a comparative advantage in the production of good X. As a result most of the large firms manufacturing and exporting good X were concentrated in count...
A.
The firms in country A will expand production beyond the optimum point and will experience an increase in per unit cost with a further increase in output.
B.
The demand for good X will increase substantially in country A in recent future.
C.
The firms in country A will lower the prices for their products.
D.
The input prices in country A are likely to increase significantly in the near future.
【单选题】Suppose some country had an adult population of about 50 million, a labor-force participation rate of 60 percent, and an unemployment rate of 5 percent. How many people were unemployed?
【单选题】Suppose country A produces two goods, good X and good Y. Production of good X involves an intensive use of highly skilled workers. However, good Y is a relatively capital-intensive good. If the countr...
A.
the production of good Y will contract.
B.
the production of both the goods will expand in the same proportion.
C.
the production of good X will contract.
D.
the production of both the goods will increase, but increase in good X will be much higher than increase in good Y.