Since World War II, about ______ out of every ten family farms have disappeared.
A. one
B. three
C. five
D. seven
D. seven
You might also like to view...
Demand shows the ________relationship between __________and ________________.
a. direct; price; quantity b. inverse; price; quantity c. inverse; supply; quantity d. direct; supply; quantity
According to classical economists, if interest rates are flexible,
A) saving will equal investment. B) saving may be greater than investment. C) saving may be less than investment. D) any of the above
Use the following information to answer the next several questions:Scenario 1: Imagine that an economy produces two goods, flashlights and fishing lures. In 2015, the economy produced 70 flashlights and 40 fishing lures, and the prices of flashlights and fishing lures were $5 and $12, respectively. In 2016, the economy produced 85 flashlights and 50 fishing lures, and the prices of flashlights and fishing lures were $7 and $15, respectively. Based on the information in Scenario 1, nominal GDP grew by about ________ percent from 2015 to 2016.
A. 23 B. 31 C. 62 D. 162
The nominal rate of interest is
A. the rate observed in the market that includes an inflation premium. B. expressed in dollars from the chosen base year. C. not the rate observed in the market. D. not adjusted for inflation.