Answer:
B). Consumer tastes are the same in the two countries and invariant with respect to income.
Explanation:
As per the given question, the Heckscher- Ohlin model exemplifies an economic theory that unrealistically assumes that consumer tastes are similar in two countries and invariant with respect to income. <em>Such an unrealistic assumption is proposed in this theory to divert the focus towards other elements that contribute to affecting the trade and prices</em><em> </em>as the chief aim is to evaluate and analyze trade and it's equilibrium in two countries. Thus, <u>option B</u> correctly asserts the assumption of the Heckscher–Ohlin Model.
That statement is false
The one that used a "big government" argument was the Republican party.
According to them, Universal health care reform will require the Government taking too much control of several economic freedom. For example, it requires the Government to Mandate what and which kind of insurance that the people have to buy.
Theorists using a "functionalist" perspective emphasize that families are important for society because they are the primary source for the procreation and socialization of children.
<u>Explanation:</u>
The functionalist viewpoint sees society as a complicated system, the parts of which work together to foster unity and stability. This viewpoint looks at society through some kind of macro-level prism, and usually emphasizes on the social structures that make up society as a whole.
The government, for instance, offers education for the family's children, which in effect pays taxes on which the state relies to continually run itself. From this viewpoint, system disorganization, like immoral behavior, leads to transition because it demands that social structures adapt to maintain equilibrium.
Answer: Subjective Method
Explanation: Assigned probability based on judgement or assertion is termed as Subjective. Subjective probability relies on an individual's personal perception or idea that an event will occur or otherwise. Subjective probability isn't based no any thorough research, scientific finding or market analysis, It is purely based on individual judgement and therefore it differs from one individual to another.
For instance, if an individual opines that it will rain tomorrow without accessing weather or any related information, then it's a subjective judgement.
