According to the Rybczynski theorem, if a country increases its endowment of capital and prices remain constant, then its output of both the capital and labor intensive goods will rise
Indicate whether the statement is true or false
FALSE
Economics
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Which of the following statements is true?
A) Output is likely to be the same in a command economy and a market economy. B) Output is likely to be lower in a market economy than a command economy. C) Output is likely to be lower in an economy with extractive institutions than an economy with inclusive institutions. D) Output is likely to be the same in an economy with extractive institutions and an economy with inclusive institutions.
Economics
An essential piece of the liquidity preference theory is the demand for money
a. True b. False Indicate whether the statement is true or false
Economics