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In the Specific Factors Model,a 0% Increase in the Price

question 68

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In the specific factors model,a 0% increase in the price of food accompanied by a 5% increase in the price of cloth will cause wages to ________,the production of cloth to ________,and the production of food to ________.


Definitions:

Self-Fulfilling Prophesy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

Mass Education

A system of education designed to provide basic education to large populations at once, typically through public schooling.

Gender Roles

The behaviors, tasks, and responsibilities that a society considers appropriate for men, women, and gender-diverse individuals.

Academic Dishonesty

is any type of cheating that occurs in relation to a formal academic exercise, violating the integrity of the educational process.

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