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Marizza181 [45]
3 years ago
14

In what way were Karl Marx views different from the socialism Advocates by Owens and Ferrer

Business
1 answer:
BARSIC [14]3 years ago
4 0
What's the option's
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Suppose the U.S. and Japan both produce airplanes and televisions and the U.S. has a comparative advantage in the production of
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d. both countries, as whole, will be better off.

Explanation:

When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.

So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.

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If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied______________.
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d. there is a shortage and the interest rate is below the equilibrium level.

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If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied, there is less money available for loans than the required, which characterizes a shortage. Higher interest rates decrease the demand while lower rates increase demand; if demand is higher than supply, the interest rate is lower than the equilibrium rate.

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