According to the Text, Which of the Following Statements Best

question 112

Multiple Choice

According to the text, which of the following statements best describes U.S. factor abundance in 1947?

• A) Taking into account different labor productivities, the U.S. "effective" labor force was much larger than the U.S. share of world GDP.
• B) Taking into account different labor productivities, the U.S. "effective" labor force was much smaller than the U.S. share of world GDP.
• C) Taking into account productivities of capital in different industries, the U.S. "effective" capital stock was much smaller than the U.S. share of world GDP.
• D) Corrected data indicate that the United States was actually was a labor-abundant and capital-poor country in 1947.

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Definitions:

NSAIDs

Nonsteroidal Anti-Inflammatory Drugs, a class of medications that reduce pain, decrease fever, prevent blood clots, and in higher doses, decrease inflammation.

Alzheimer's Disease

A neurodegenerative disease marked by the deterioration of memory, cognitive abilities, and alterations in personality.

Aspirin

A medication used to reduce pain, fever, inflammation, and, in low doses, to prevent blood clots.

Ibuprofen

A nonsteroidal anti-inflammatory drug (NSAID) used to relieve pain, reduce inflammation, and lower fever.