In the Long Run, When Factors Are Mobile, an Increase

question 64

Multiple Choice

In the long run, when factors are mobile, an increase in
The relative price of a good will increase the real earnings
Of the factor used intensively in the production of that
Good.This is known as:

• A)the Heckscher­Ohlin model.
• B)the Stolper­Samuelson theorem.
• C)the Riparian model.
• D)the specific­factor theorem.

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Definitions:

Hypothalamus

A small region at the base of the brain responsible for hormone production, regulation of body temperature, hunger, thirst, and circadian rhythms.

Curt Richter

An American psychologist known for his work in biological rhythms and the study of homeostasis in animals.

Suprachiasmatic Nucleus

A tiny region of the brain in the hypothalamus responsible for controlling circadian rhythms.

Master Clock

Refers to the body's internal time-keeping system, located in the brain, that regulates circadian rhythms and sleep-wake cycles.