Use the Following to Answer Questions

question 146

Multiple Choice

Use the following to answer questions:
Figure: Computers and Books
-(Figure: Computers and Books) According to the figure, if country A produces only the good for which it has a comparative advantage and then consumes the other good by exchanging computers for books, then:

• A) country A will consume outside its PPF but country B will consume inside its PPF.
• B) country A will consume inside its PPF but country B will consume outside its PPF.
• C) both countries will consume inside their own PPFs.
• D) both countries will consume outside their own PPFs.

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Definitions:

Organizational Rewards

Incentives or benefits provided by an organization to its employees as a form of recognition for their contributions or performance.

Equal Pay

The legal and ethical principle that individuals should receive equal payment for work of equal value, regardless of gender, ethnicity, or other discriminatory factors.

Equal Value

The concept of different jobs being equivalent in terms of the effort, responsibility, and skills required, warranting similar pay.

Gender Pay Gap

The average difference in pay between men and women, typically expressed as a percentage of men's earnings.