The Morrill Act of 1862 established
a. local chapters of the organization that later became known as "Future Farm Leaders of America.".
b. state-run agricultural experiment stations.
c. "land-grant" colleges that provided agricultural education and research.
d. funding for high-school vocational training.
c. "land-grant" colleges that provided agricultural education and research.
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Which of the following are reasons to consider the protective role of the state in an economic framework?
a. The protection of rights is necessary for a functioning economy. b. The protection of rights comprises a large portion of the government spending. c. The protection of rights is necessary for international trade. d. Both a and b. d. Both a and c.
What is another term for total surplus?
a. efficiency b. consumer surplus c. social surplus d. deadweight loss
The way that people communicate with each other using their bodies
a. consideration b. body language c. communication d. charisma
Ceteris paribus, if imports increase in any given year,
A. Exports will increase. B. NDP will increase. C. GDP will increase. D. GDP will decrease.