Table 2-10 Table 2-10 Shows the Output Per Month of Month

question 151

Multiple Choice

Table 2-10
Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-10. Which of the following statements is true?

• A) Fred has an absolute advantage in making both products.
• B) Barney has an absolute advantage in making both products.
• C) Barney has an absolute advantage in making pogo sticks and Fred in making unicycles.
• D) Barney has an absolute advantage in making unicycles and Fred in making pogo sticks.

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Definitions:

Checks and Balances

A system in government where different branches are empowered to prevent actions by other branches and are induced to share power, maintaining a balance.

Civil Liberties

Individual rights protected by law from unjust governmental or other interference.

Three-Fifths Compromise

A compromise reached during the 1787 United States Constitutional Convention that counted three out of every five slaves as a person for the purposes of taxation and representation in Congress.

Slave Trade

The historical trade in humans for the purpose of forced labor, including the Transatlantic slave trade where Africans were transported to the Americas.