A Proportionately Greater Increase in the Nation's Supply of Labor

question 12

Multiple Choice

A proportionately greater increase in the nation's supply of labor than of capital is likely to result in a deterioration in the nation's terms of trade if the nation exports:

• A)the K-intensive commodity
• B)the L-intensive commodity
• C)either commodity
• D)both commodities

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Definitions:

Ampulla

A dilation or expansion in a duct or tube, notably the ampulla of Vater in the digestive system, where the bile and pancreatic ducts enter the small intestine.

Maculae

Small, specialized areas in the center of the retina that provide detailed central vision and are critical for tasks requiring focus, such as reading or driving.

Mastoid Process

A bony prominence located behind the ear, part of the temporal bone, and serving as an attachment point for neck muscles.

Tuning Fork

A tool made of two prongs that, when struck, produces a fixed pitch used in music and medical fields to test hearing or vibrations.