Table data on suburbia use this table which

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Table: Data on Suburbia Use this table, which represents autarkic and free-trade production and consumption and resource usage for Suburbia, to answer the following question(s). AutarkyFree-TradeProduction of good X 1,000 units 2,000 units Consumption of good X 1,000 units 1,000 units Capital used to produce good X 1,000 units 2,000 units Labor used to produce good X 1,000 days 1,250 days Production of good Y 1,000 units 500 units
Consumption of good Y 1,000 units 2,000 units Capital used to produce good Y 1,500 units 1,000 units Labor used to produce good Y 500 days 250 days Reference: Ref 4-4 (Table: Data on Suburbia) Did the capital-labor ratio used in the production of good X rise, fall, or remain unchanged as Suburbia moved from autarky to free trade?
Table: Data on Suburbia Use this table, which represents autarkic and free-trade production and consumption and resource usage for Suburbia, to answer the following question(s). AutarkyFree-TradeProduction of good X 1,000 units 2,000 units Consumption of good X 1,000 units 1,000 units Capital used to produce good X 1,000 units 2,000 units Labor used to produce good X 1,000 days 1,250 days Production of good Y 1,000 units 500 units Consumption of good Y 1,000 units 2,000 units Capital used to produce good Y 1,500 units 1,000 units Labor used to produce good Y 500 days 250 days Reference: Ref 4-4 (Table: Data on Suburbia) Which statement is true concerning the change in the marginal product of labor as Suburbia moved from autarky to a free-trade situation?
67 Leontief found that the HO model did not work for the United States because:
68 Economist Wassily Leontief tested the Heckscher-Ohlin model to determine whether or not it correctly predicted the capital and labor content of imports and exports of: Russia. (Incorrect) China. (Incorrect) the United States. (True Answer Correct) Belgium. (
Incorrect) 69 Table: Factor Use in Trade ExportsImportsCapital ($ million) $3.55 $5 Labor (person-years) 192 160 Capital/Labor ($/person) Reference: Ref 4-5 (Table: Factor Use in Trade) In the hypothetical economy provided, what is the capital-to-labor ratio for exports?$1,849 (Incorrect) $35,500 (Incorrect) $18,490 (True Answer Correct) $1,920 (Incorrect) 70 Table: Factor Use in Trade ExportsImportsCapital ($ million) $3.55 $5 Labor (person-years) 192 160 Capital/Labor ($/person) Reference: Ref 4-5 (Table: Factor Use in Trade) In the hypothetical economy

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