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In the Diagram in Question #9 Above, If Restrictions on Capital

question 20

Multiple Choice

In the diagram in Question #9 above, if restrictions on capital flows were removed and Capital was allowed to flow freely from the low-return country to the high-return country, Then national income (i.e., GNP) in country II would rise by the amount of area__________.


Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, typically used to measure the accuracy of sample mean estimates.

Population Standard Deviation

A statistic that measures the dispersion or spread of a set of data points in a population.

Sample Size

The number of observations or data points collected in a statistical study.

Z Score

A raw score that is adjusted for the mean and standard deviation of the distribution from which the raw score comes.

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