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If One Country's Wage Level Is Very High Relative to the Other's

question 65

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If one country's wage level is very high relative to the other's (the relative wage exceeding the relative productivity ratios) ,then if they both use the same currency


Definitions:

Polygenic Processes

Involving or determined by several different genes, affecting the inheritance and variation of certain traits or disorders.

Heritability

A measure of how much of the variation in a trait within a population is due to genetic differences among individuals in that population.

Twin Studies

Studies of the heritability of a disorder by comparing concordance rates between monozygotic and dizygotic twins.

Identical Twins

Twins resulting from the splitting of a single fertilized egg, sharing the same genetic material and thus being genetically identical.

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