When foreign aid is tied to purchases of low-priced food from the donor country, farm prices can drop in the developing countries, hurting poor farmers
a. True
b. False
A
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The long-run aggregate supply curve assumes that
A) the unemployment rate is more than 9 percent. B) there is no government purchasing of goods and services. C) only laborers are fully employed. D) all factors of production are fully employed.
What are the likely consequences of providing monetary incentives to politicians for good performance?
What will be an ideal response?
During the life of a drug patent, the monopoly pharmaceutical firm maximizes profit by producing the quantity at which marginal revenue equals marginal cost
a. True b. False Indicate whether the statement is true or false
Considering the value of a financial instrument, the circumstances under which the payment is to be made influence the value because:
A. payments that are made when we need them the most are more valuable. B. we like uncertain payoffs because this adds to the return. C. the sooner the payment is to be made the better. D. we know when certain events are going to occur and that is when we want the payment.