Of the 2.2 million working farms in the U.S., _________ of them produce more than $5,000 worth of agricultural products.
A. one quarter
B. half
C. three quarters
D. one third
B. half
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A situation is efficient if it is:
A. not possible to find a transaction that will make at least one person better off without harming others. B. possible to find a transaction that will make everyone better off. C. possible to find a transaction that will make at least one person better off, even if others are made worse off. D. possible to find a transaction that will make at least one person better off without harming others.
An increase in the expected future price of inputs will cause:
A. the short-run aggregate supply curve to shift to the left. B. the aggregate demand curve to shift to the right. C. a movement rightward along the short-run aggregate supply curve. D. the long-run aggregate supply curve to shift to the left.
Nondepository institutions:
A. do not serve as intermediaries. B. only transform assets. C. do not accept deposits. D. only serve as brokers.
If the government fiscal deficit equals $78 billion, government borrowing equals $38 million, and tax revenue equals $92 billion, what is the value of the change in the money supply?
a. $40 billion b. $132 billion c. $18 billion d. $208 billion e. $78 billion