According to the text, farming today in the U.S. is __________ productive compared to a century ago, resulting in there being __________ farmers today than at the turn of the previous century
A) about as; fewer
B) about as; more
C) much more; fewer
D) much more; more
C
You might also like to view...
If the required reserve ratio is 15 percent, there is no currency drain, and banks loan all of their excess reserves, an increase in the monetary base of $20,000 leads to a total increase in the quantity of money of
A) $200,000. B) $133,333. C) $3,000. D) $20,000. E) $300,000.
Yolanda wants to expand her microbrewery business by buying out a competitor and is going to sell newly-issued corporate bonds to do so. This is an example of using ________ for her expansion plans
A) coupon payments B) direct finance C) indirect finance D) retained earnings
According to classical economists, in recessions, not only does the unemployment rate increase, so does the
A) interest rate. B) level of fiscal stimulus. C) natural rate of unemployment. D) level of potential output.
Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroeconomic model to the left?
a. the exchange rate rises b. the exchange rate falls c. the expected rate of return on U.S. assets rises d. the expected rate of return on U.S. assets falls