Suppose That a Worker in Radioland Can Produce Either 4

question 145

Multiple Choice

Suppose that a worker in Radioland can produce either 4 radios or 1 television per year, and a worker in Teeveeland can produce either 1 radios or 4 televisions per year. Each nation has 150 workers. Also, suppose that each country completely specializes in producing the good in which it has a comparative advantage. If Radioland trades 50 radios to Teeveeland in exchange for 50 televisions each year, then each country's maximum consumption of new radios and televisions per year will be

• A)50 radios, 550 televisions in Radioland and 550 radios, 50 televisions in Teeveeland.
• B)550 radios, 50 televisions in Radioland and 50 radios, 550 televisions in Teeveeland.
• C)150 radios, 50 televisions in Radioland and 50 radios, 150 televisions in Teeveeland.
• D)550 radios, 50 televisions in Radioland and 50 radios, 600 televisions in Teeveeland.

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Definitions:

Police-Citizen Encounters

Interactions between police officers and civilians, which can range from routine traffic stops to emergency response situations.

Frequency Of Arrests

The rate or number of times individuals are apprehended by law enforcement over a specific period, often used as an indicator in crime statistics.

General Social Survey

A sociological survey conducted in the United States to collect data on demographic characteristics, behaviors, attitudes, and opinions of the general population.

Death Penalty

A legal punishment where the state executes a person for a crime deemed sufficiently serious.