In the Specific Factors Model,a 0% Increase in the Price

question 20

Multiple Choice

In the specific factors model,a 0% increase in the price of food accompanied by a 5% increase in the price of cloth will cause wages to _,the production of cloth to _,and the production of food to .

• A)remain constant; decrease; decrease
• B)increase by more then 5%; increase; remain unchanged
• C)remain constant; increase; increase
• D)increase by less then 5%; increase; decrease
• E)increase by 5%; remain unchanged; remain unchanged

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Definitions:

Systematic Oversight

Organized and continuous monitoring and evaluation to ensure that procedures are followed and standards met, often within institutions or businesses.

Whistle-Blowing

The process of revealing any form of information or behavior considered illicit, unethical, or inappropriate inside an organization.

Humane Prison System

A correctional system designed with the primary goals of treating inmates with dignity, respect, and ensuring their rights, aiming for rehabilitation over punishment.

Dominant Purpose

The primary intent or main objective behind an action or decision, especially in legal contexts to determine the predominant reason.