The Leontief Paradox

question 18

Multiple Choice

The Leontief Paradox

• A) refers to the finding that U.S. exports were more labor intensive than its imports.
• B) refers to the finding that U.S. Exports were more capital intensive than its exports.
• C) refers to the finding that the U.S. produces outside its Edgeworth Box.
• D) still accurately applies to today's pattern of U.S. international trade.
• E) refers to the fact that Leontief-an American economist-had a Russian name.

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Definitions:

Raymond Cattell

A psychologist known for his research in personality, intelligence testing, and the development of the 16 Personality Factors (16PF) questionnaire.

Overextraction of Factors

The analytical error of identifying more factors or components in a data set than are realistically present, often leading to misleading interpretations.

Underextraction of Factors

In factor analysis, this refers to not identifying enough factors to adequately describe the variability in a set of data, potentially missing important dimensions.

Superfactors

Broad, overarching personality dimensions that encompass a range of related traits, often mentioned in the context of personality psychology.