Homework Answers
Ans.- (B)
A common language between the countries is not necessary for convergence between the two countries. All the other given factors are necessary.
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Which factor is NOT necessary for convergence between two countries? O equal access to education O...
Differences in income inequality between countries of similar income levels can primarily be attributed to: O...
Differences in income inequality between countries of similar income levels can primarily be attributed to: O changes in the poverty line. O income redistribution by governments. O skill-biased technical change. O changes in the educational system. Changes in income inequality within countries like the United States in recent years can be attributed to all of the following except. O changes in the poverty line. O international trade. O income redistribution by the government. O skill-biased technical change.
The factor on which viscosity depends is O All of the mentioned O The distance between...
The factor on which viscosity depends is O All of the mentioned O The distance between two adjacent layers O Velocity difference between two adjacent layers O Area of contact of two adjacent layers
15. Which of the following does not contribute to a basis for trade between two countries?...
15. Which of the following does not contribute to a basis for trade between two countries? a. different tastes and preferences b. different technologies c. different relative factor endowments d. different absolute factor endowments, but the same relative endowments 16. Given the following graph showing production-possibilities frontiers for country A and country B in a situation where both countries are on the same community indifference curve S, in autarky: good Y Px/Py in country B, and, when trade begins, country...
Question 4 1 pts Countries in the Southern Cone of South America, including Argentina, Brazil, Chile,...
Question 4 1 pts Countries in the Southern Cone of South America, including Argentina, Brazil, Chile, and Uruguay, have begun a major transformation to advance their economic standing by manufacturing products as opposed to solely exporting resources to other parts of the world. For example, in Brazil, the government has privatized their mining business and created several companies to manufacture raw materials that are essential for the creation of infrastructure to support additional expansion. Furthermore, in Argentina, the government has...
Imagine two countries, X and Y, with consumer price indexes in 2015 equal to 160 (in...
Imagine two countries, X and Y, with consumer price indexes in 2015 equal to 160 (in country X) and to 120 (in country Y). The base year is 2000 (a) (3 points) Which of the countries has experienced a higher inflation rate between the years 2000 and 2015? b) (7 points) Suppose the Consumer Price Index of country Y in 2016 (with base year 2000) is equal to 130 and the Consumer Price Index in 2016 of country X is...
CableTown is located in the nation of West Svenborgia near the nation of East Svenborgia. CableTown...
CableTown is located in the nation of West Svenborgia near the nation of East Svenborgia. CableTown is considering expanding into East Svenborgia. Both countries have similar consumer incomes and knowledge bases and share a common language. Also, the transportation networks between the countries are strong. Even so, the two nations have a long-standing dispute concerning the control of an area of land along their common border. Currently, West Svenborgia rules this land. Which of the following would most likely prevent...
Consider a one-factor, between-subjects experiment design with two levels and the same number of subjects in...
Consider a one-factor, between-subjects experiment design with two levels and the same number of subjects in each group. Determine the minimum value for necessary to reject the null hypothesis under the following circumstances: alpha = 0.05, SS_within = 23, n = 5
Which of the following is a benefit of the convergence between US GAAP and IFRS? Group...
Which of the following is a benefit of the convergence between US GAAP and IFRS? Group of answer choices B. All companies now have a choice between different sets of financial reporting standards C. The IASB and FASB use the exact same conceptual framework to generate accounting standards D. All companies will produce financial statements in English A. Increased comparability between financial statements produced in different countries As a result of the convergence efforts since 2007: Group of answer choices...
Smoking remains more common in much of Europe than in the United States. In the United States, there is a strong relationship between education and smoking: well-educated people are less likely to smo...
Smoking remains more common in much of Europe than in the United
States. In the United States, there is a strong relationship
between education and smoking: well-educated people are less likely
to smoke. Does a similar relationship hold in France? Here is a
two-way table of the level of education and smoking status
(nonsmoker, former smoker, moderate smoker, heavy smoker) of a
sample of 462 French men aged 20 to 60 years. The subjects are a
random sample of men...
Which of the following kinds of agreements between two or more countries would be an example...
Which of the following kinds of agreements between two or more countries would be an example of a deep integration measure? An agreement to impose the same limits on cartels and monopolies An agreement to unify customs forms in order to speed up cross-border traffic An agreement to reduce exports An agreement to reduce tariffs and quotas
Differences in income inequality between countries of similar income levels can primarily be attributed to: O changes in the poverty line. O income redistribution by governments. O skill-biased technical change. O changes in the educational system. Changes in income inequality within countries like the United States in recent years can be attributed to all of the following except. O changes in the poverty line. O international trade. O income redistribution by the government. O skill-biased technical change.
The factor on which viscosity depends is O All of the mentioned O The distance between two adjacent layers O Velocity difference between two adjacent layers O Area of contact of two adjacent layers
15. Which of the following does not contribute to a basis for trade between two countries? a. different tastes and preferences b. different technologies c. different relative factor endowments d. different absolute factor endowments, but the same relative endowments 16. Given the following graph showing production-possibilities frontiers for country A and country B in a situation where both countries are on the same community indifference curve S, in autarky: good Y Px/Py in country B, and, when trade begins, country...
Question 4 1 pts Countries in the Southern Cone of South America, including Argentina, Brazil, Chile, and Uruguay, have begun a major transformation to advance their economic standing by manufacturing products as opposed to solely exporting resources to other parts of the world. For example, in Brazil, the government has privatized their mining business and created several companies to manufacture raw materials that are essential for the creation of infrastructure to support additional expansion. Furthermore, in Argentina, the government has...
Imagine two countries, X and Y, with consumer price indexes in 2015 equal to 160 (in country X) and to 120 (in country Y). The base year is 2000 (a) (3 points) Which of the countries has experienced a higher inflation rate between the years 2000 and 2015? b) (7 points) Suppose the Consumer Price Index of country Y in 2016 (with base year 2000) is equal to 130 and the Consumer Price Index in 2016 of country X is...
Smoking remains more common in much of Europe than in the United
States. In the United States, there is a strong relationship
between education and smoking: well-educated people are less likely
to smoke. Does a similar relationship hold in France? Here is a
two-way table of the level of education and smoking status
(nonsmoker, former smoker, moderate smoker, heavy smoker) of a
sample of 462 French men aged 20 to 60 years. The subjects are a
random sample of men...
Which of the following kinds of agreements between two or more countries would be an example of a deep integration measure? An agreement to impose the same limits on cartels and monopolies An agreement to unify customs forms in order to speed up cross-border traffic An agreement to reduce exports An agreement to reduce tariffs and quotas
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