Between 1974 and 2006, hog prices
A. rose far faster than inflation.
B. rose at about the overall rate of inflation.
C. rose far slower than inflation.
D. remained largely constant even in nominal terms.
Answer: D
You might also like to view...
If the World Bank makes loans to nations that can attract private funds
A) the increase in growth in that nation will spill over to other nations that are developing. B) the presence of the World Bank's loans will lead to even more private funds being attracted to that country. C) the World Bank's loans will crowd out the private funds made to developing nations to encourage economic growth. D) these loans will interfere in the private market for capital goods and can lead to inefficient investment.
If Jason's fixed cost totals $800 with variable cost per unit of $10 at a quantity of 100 units, what would his average total cost equal?
a. $8.10 b. $18.00 c. $90.00 d. $91.00
The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
A. salaries of government employees. B. interest expenses. C. entitlements. D. military spending.
The concept of utility is
A) subjective so that there can be no true measurement of someone's utility. B) subjective so measurement of someone's utility must be done scientifically. C) objective so that devices can be developed that would measure a person's utility. D) objective so that psychologists can measure utility and compare one person's utility with that of another person.