Table 13.6 Production and

question 43

Multiple Choice

Table 13.6
Production and
Consumption Production
Without Trade With Trade Denmark and Belize can produce both clocks and hats.Table 13.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 13.6.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many clocks will Denmark gain compared to the 'without trade' numbers?

• A)30
• B)100
• C)150
• D)900

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Definitions:

Mnemonics

Memory aids or techniques that utilize associations, patterns, or systems to help recall information.

Cramming

An intense, short-term study strategy typically used to memorize large amounts of information just before an examination.

Repressed Memories

Memories that have been unconsciously blocked due to being associated with a high level of stress or trauma.

Misinformation Effect

The phenomenon where a person's memory of an event becomes less accurate due to being exposed to misleading information post-event.