Suppose That a Worker in Radioland Can Produce Either 4

question 45

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 2 radios or 4 televisions per year.Each nation has 100 workers.Also suppose that each country completely specializes in producing the good in which it has a comparative advantage.If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year,then each country's maximum consumption of new radios and televisions per year will be

• A)100 radios,300 televisions in Radioland and 300 radios,100 televisions in Teeveeland.
• B)300 radios,100 televisions in Radioland and 100 radios,300 televisions in Teeveeland.
• C)200 radios,100 televisions in Radioland and 100 radios,200 televisions in Teeveeland.
• D)300 radios,100 televisions in Radioland and 100 radios,400 televisions in Teeveeland.

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Definitions:

Alfred Binet

A French psychologist who, with his colleague Théodore Simon, developed the first practical intelligence test in the early 20th century.

Intelligence Level

A measure of one's cognitive abilities, including the ability to learn, understand, reason, plan, and solve problems, often assessed through standardized intelligence tests.

Deviation IQ Scores

A method of calculating an individual's IQ score relative to the average IQ scores of their age group.

Intelligence Test Scores

Quantitative measures obtained from assessments designed to evaluate a person's cognitive abilities in relation to their age group.