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Natalka [10]
3 years ago
10

Which of the following explanations resolve the Leontief paradox?a. Leontief assumed that U.S. and foreign technologies were the

same, while the Heckscher-Ohlin model assumes they are different. b. Leontief ignored land abundance in the United States.c. Leontief wrongly assumed that the United States was abundant in capital.d. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.
Business
1 answer:
mafiozo [28]3 years ago
8 0

Answer:A. Leontief assumed that U.S. and foreign technologies were the same, while the Heckscher-Ohlin model assumes they are different

B. Leontief ignored land abundance in the United States

D. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.

Explanation:Leontief paradox is a Russian-American economist, his work was based on the work of Wassily W. Leontief he attempted to test the Heckscher–Ohlin theory ("H–O theory") empirically.

in economics tries to explain that a country with a higher capital per worker has a lower Capital per labor ratio in export than when compared to Import.

LEONTIEF IGNORED THE ABUNDANCE OF LAND IN MAKING HIS ASSUMPTIONS

HE ALSO CLASSIFIED THE U.S TECHNOLOGY AND OTHERS AS THE SAME WHICH IS NOT IN LINE WITH THE H-O MODEL ASSUMPTION.

LEONTIEF THEORY IGNORED CAPITAL DURING HIS TEST.

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Explanation:

Giving the following information:

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Company ABC reported the following: 1. Net Income: $110,000 2. Return on Sales (Net Income/Sales): 3.56% 3. Gross Profit Percent
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$2,266,123.60

Explanation:

As it is given

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A list of all account names used to record transactions of a company is referred to as a T-account
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The purpose is defined as planning or intending to do something. An example of purpose is a person who has decided to save his 10% of his income. object to reach. target; target; target. Desired Outcome; Intent.

Your life purpose is made up of your central motivational goal in life, the reason you wake up in the morning. Purpose can guide life choices, influence behavior, shape goals, provide direction, and create meaning. For some, the purpose is tied to vocation, meaningful and rewarding work. Think about it: A sense of purpose tends to increase optimism, resilience, and hope. Experience joy, happiness, and contentment more often. better physical health.

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