The combination of currency outstanding from the central bank and bank deposits at the central bank is called the money supply.

There exists a strong ________ correlation between GDP per capita and ________

A) positive; child labor B) negative; life expectancy C) negative; child labor D) positive; unemployment rate

In the specificfactors model, suppose that a country has a comparative advantage in manufacturing output. Will landowners be better or worse off following the opening of trade with other countries?

a. They will be better off. b. They will be worse off. c. They may be better off or worse off because the real rental on capital in terms of the agricultural good rises and the real rental in terms of the manufactured good falls. d. They may be better off or worse off because the real rental on capital in terms of the manufactured good rises and the real rental in terms of the agricultural good falls.