Empirical Studies About Whether Differences in Income Per Person Result

question 81

Essay

Empirical studies about whether differences in income per person result from the differences in the quantities of the factors of production or the differences in the efficiency with which the factors are employed find that there is a positive correlation between the quantity of factors and the efficiency of use. Interpret this positive correlation.

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Definitions:

Proton Pump Inhibitor

A class of drugs that reduce stomach acid production by blocking the enzyme in the stomach wall that produces acid.

Nasogastric (NG)

Pertaining to a tube inserted through the nose into the stomach for feeding or drainage.

Feeding Tube

A medical device used to provide nutrition to individuals who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation.

Narcotic

A class of substances that produce analgesia and CNS depressant effects, which can lead to dependence and addiction.