Table 19-11
Output Per Hour Production and Production
of Work

question 179

Multiple Choice

Table 19-11
Output per hour Production and Production
of work Consumption without Trade with Trade
$\begin{array}{|l|c|c|c|c|c|c|}\hline & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } \\\hline \text { Denmark } & 6 & 3 & 900 & 150 & 1,200 & 0 \\\hline \text { Belize } & 1 & 2 & 150 & 100 & 0 & 400 \\\hline\end{array}$ Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded,how many hats will Belize consume?

• A) 100
• B) 130
• C) 250
• D) 400

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Definitions:

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A cube-shaped object used in many games, which contains six faces numbered from 1 to 6, each face showing a different number of dots representing numbers.

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The process of making decisions or reaching conclusions based on feelings and instincts rather than explicit reasoning.

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A direct marketing company known for its magazine subscriptions and sweepstakes.

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The ability to understand or know something directly without analytic reasoning, bridging the gap between the unconscious and conscious parts of the mind.