Making a Pound of Wool Takes 5 Hours in Scotland

question 11

Multiple Choice

Making a pound of wool takes 5 hours in Scotland and 2 hours in Iceland.Making a cord of firewood takes 5 hours in Scotland and 8 hours in Iceland.Suppose that labor is only productive resource needed in these industries,and is fully employed in both nations.Under these conditions,if Iceland produces 4 extra pounds of wool,but Scotland produces 2 fewer pounds of wool,there is a net

• A)gain of 2 cords of firewood in the world.
• B)gain of 1 cord of firewood in the world.
• C)loss of 2 cords of firewood in the world.
• D)loss of 1 cord of firewood in the world.

Recognize the structure of medical terms and their components (root, prefix, suffix).

Understand and correctly use medical prefixes and their meanings.

Link specific medical terms to their definitions involving conditions, tools, and predictions in healthcare.

Identify instruments used in healthcare and their purposes.

---

Definitions:

Common Stock

Equity securities representing ownership in a company, entitling holders to vote and share in the company's profits.

Net Income

The financial term for the total earnings or profit of a company after all expenses and taxes have been subtracted from total revenue.

Investment Portfolio

A group of stocks and/or debt securities in different corporations held for investment purposes.

Consolidated Portfolio

A comprehensive account of the combined assets, liabilities, and investment holdings of a parent company and its subsidiaries.