The British Economist G

question 190

Multiple Choice

The British economist G.MacDougall compared the labor productivity ratios and export ratios for the United Kingdom and the United States in order to test

• A) Adam Smith's principle of absolute advantage.
• B) David Hume's price specie flow mechanism.
• C) David Ricardo's principle of comparative advantage.
• D) William Benoit's theory of mercantilism.

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Definitions:

Congruent

Being in harmony or agreement; when things align or match in a consistent way.

Psychology Career

A professional path that involves studying mental functions and behaviors, and often includes roles such as research, counseling, and clinical practice.

Thorndike

An American psychologist who developed the law of effect, which states that behaviors followed by pleasing consequences tend to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Milgram

Refers to Stanley Milgram, a psychologist known for his experiments on obedience, demonstrating people's willingness to follow authority figures' orders, even to the point of harming others.