Table 9-11 Output Per Hour Production and Production

question 181

Multiple Choice

Table 9-11
Output per hour Production and Production
of work Consumption without Trade with Trade
Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many hats will Belize gain compared to the "without trade" numbers?

• A) -100
• B) 0
• C) 150
• D) 250

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Definitions:

Hippocrates

An ancient Greek physician often referred to as the "Father of Medicine," credited with advancing the systematic study of clinical medicine.

Trephining

An ancient surgical intervention where a hole is drilled or scraped into the human skull, exposing the dura mater to treat health problems related to intracranial diseases or release pressured blood buildup from an injury.

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An ancient medical theory that health is determined by the balance of four bodily fluids: blood, phlegm, black bile, and yellow bile.

Hippocrates

An ancient Greek physician who is often regarded as the "father of medicine", known for his contributions to the ethical and professional standards of medical practice.