A signal is
a. a proxy measure of job conditions
b. a proxy measure of a job applicant's skills
c. used by employers to indicate that a job interview is over
d. an indication of an excess supply of labor
e. an indication of an excess supply of qualified labor
B
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The theory that most economists rely on to explain inflation is called the __________
Fill in the blank(s) with correct word
Country Y has fifteen thousand acres of land and forty-five thousand laborers, whereas the Rest of the World has one hundred thousand acres of land and two hundred thousand laborers. These countries produce a labor-intensive Good A, and a land-intensive Good B. When trade opens up between these countries, it can be inferred that Country Y will
A. import both goods. B. export both goods. C. export Good B, and import Good A. D. export Good A, and import Good B.