During the period of rapid industrialization in the U.S. after the Civil War,
(a) real farm incomes fell drastically.
(b) real incomes in the agricultural sector increased at a faster pace than real incomes
in manufacturing.
(c) real incomes in the agricultural sector increased at relatively the same rate as real incomes
in manufacturing.
(d) real incomes in the agricultural sector increased but at a slower pace than real incomes
in manufacturing.
(d)
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Which federal agency publishes the United States' unemployment figures?
A) The Bureau of Labor Statistics B) Health and Human Services C) the Senate Committee on Labor Relations D) the Federal Reserve
Refer to the figures above. Suppose the graphs represent the demand for use of a local golf course for which there is no significant competition (it has a local monopoly). P denotes the price of a round of golf and Q is the quantity of rounds sold each day. If the left graph represents the demand during weekdays and the right graph the weekend demand, this profit-maximizing golf course should:
A. charge $7 for each round, regardless of the day of the week. B. charge $7 for each round on weekdays, and $10 during the weekend. C. charge $9 for each round, regardless of the day of the week. D. charge $9 for each round on weekdays, and $10 during the weekend.
Historically, many aspects of U.S. farm policies had their origins in the:
A. Agricultural Extension Service Act. B. Agricultural Adjustment Act. C. Homestead Act. D. Land Grant Act.
Establishing rules for voter registration is an example of a(n)
A) economic function of government. B) political function of government. C) public good. D) transfer payment.