Which of the Following Is Most Likely an Explanation for the Leontief

question 104

Multiple Choice

Which of the following is most likely an explanation for the Leontief paradox observed in the case of the United States?

• A)The United States imports goods that heavily use skilled labor and innovative entrepreneurship.
• B)The United States has a special advantage in producing new products made with innovative technologies.
• C)The United States exports heavy manufacturing products that use large amounts of capital.
• D)The United States has a strong absolute advantage over other nations because of its advantageous factor endowments.
• E)The United States imports goods that make intensive use of factors that are locally abundant.

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Definitions:

Mothers' Pensions

Early 20th-century public assistance programs designed to support single mothers and widows as a precursor to modern welfare.

Single Mothers

Refers to women who are raising children without the presence or support of a partner, facing unique social, financial, and emotional challenges.

Seventeenth Amendment

Progressive reform passed in 1913 that required U.S. senators to be elected directly by voters; previously, senators were chosen by state legislatures.

Federal Income Tax

A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.