Say's theory of "Trinity" divided the political economy into three independent parts, which were ()
A. production, distribution and consumption
B. production, exchange and consumption
C. production, distribution and exchange
D. consumption, distribution and exchange
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The three production elements of Say referred to().
A. labor, capital and land
B. capital, technology and labor
C. labor, land and natural resources
D. technology, capital and entrepreneur talent
John Mill studied the decision of international value and put forward ().
A. international demand equation
B. absolute advantage principle
C. supply equation
D. comparative advantage principle
According to John Mill's theory of wages, the wages were determined by () in the short term .
A. number of workers
B. the ratio of the number of workers to the demand for capital
C. the value of labor force
D. investment
() first advocated applying empirical analysis into political economy.
Adam Smith
B. John Mill
C. Friedman
D. Say
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