A Problem with Leontief's Methodology Is That

question 41

Multiple Choice

A problem with Leontief's methodology is that

• A)he had no information on U.S. and foreign factor endowments.
• B)he did not use information on foreign factor intensities.
• C)he ignored the roles of other factors of production such as natural resources.
• D)All of the above are problems.

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Definitions:

Experiments

Structured and controlled tests or investigations designed to examine hypotheses and observe effects of manipulated variables.

Laboratory

A controlled setting designed for scientific experimentation, research, or testing.

Case Study

An intensive analysis of an individual unit (such as a person or community) stressing developmental factors in relation to context.

Universal Laws

are principles or rules that are thought to be applicable everywhere and in every circumstance, often referring to laws of nature or science.