If the Federal Reserve purchases newly issued government bonds, the government is said to be

Suppose that the Home country in the twosector (manufacturing and agriculture) specificfactors model has a comparative advantage in agricultural output. Will workers be better or worse off following the opening of trade with other countries?

a. Workers will be better off because the nominal wage increases. b. Workers will be worse off because the nominal wage decreases. c. Workers may be better off or worse off because the real wage in terms of the agricultural good rises and the real wage in terms of the manufactured good falls. d. Workers may be better off or worse off because the real wage in terms of the agricultural good falls and the real wage in terms of the manufactured good rises.

In terms of which party or parties capture any gains from a land transaction, what is the difference when land is acquired through eminent domain and when land is acquired through the bargaining process?

What will be an ideal response?