A period of sustained growth in output in an economy is referred to as a(n) _____

The conclusion that international trade will lead to an increase in real earnings of a country's abundant resource is known as:

a. factorintensity reversal. b. the HeckscherOhlin model. c. Riparian comparative advantage. d. the StolperSamuelson theorem.

Suppose the required reserve ratio is 10 percent, and the Fed buys $5 million worth of bonds from the public. If the public deposits this amount into transactions accounts, the money supply will

A. Not be affected directly, but an additional lending capacity of $50 million will be created for the banking system. B. Increase directly by $5 million in reserve deposits, with an additional lending capacity of $40 million created for the banking system. C. Increase directly by $5 million in reserve deposits, with an additional lending capacity of $45 million created for the banking system. D. None of the choices are correct.