Which of the Following BEST Describes the Short­run

question 95

Multiple Choice

Which of the following BEST describes the short­run
Effects of FDI inflows to Singapore during the latter
Part of the twentieth century?

• A)The effects contradicted the specific­factors model because wages fell, while the rental on capital rose.
• B)The effects confirmed the specific­factors model because wages rose, while the rental on capital fell.
• C)FDI did not have any measurable effects on either wages or the rental on capital in Singapore.
• D)FDI confounded economists because both the rental on capital rose and wages rose in Singapore.

---

Definitions:

Conservation Performance

The ability to understand that certain properties of objects remain the same despite changes in the objects' form or arrangement.

Nova Scotia

A Canadian province located on the country's Atlantic coast, known for its maritime heritage and natural beauty.

Binet And Simon

Psychologists who developed the first intelligence test aimed at identifying children in need of academic assistance.

Defective Children

This term is outdated and considered offensive; it historically referred to children with physical, developmental, or cognitive disabilities.