About _____ percent of the money the government has been paying in farm subsidies has been going to large corporate farms.
Fill in the blank(s) with the appropriate word(s).
75
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When the actual inflation rate turns out to be greater than the expected inflation rate, who gains — the borrower or the lender — and who loses? Explain why
What will be an ideal response?
Which of the following statements would make a reasonable hypothesis to test?
A) Deflation is worse than inflation in any economy. B) An unemployment rate below 4% is bad for the economy. C) As tax rates increase, eventually tax revenues will decline. D) Higher real GDP per capita figures lead to happier citizens.
Which of the following is not a component of aggregate demand?
a. Consumption b. Investment spending c. Government spending d. Real interest rate
Currently, about what percentage of U.S. metals consumption comes from recycled scrap?
a. 95% b. 65% c. 50% d. 30% e. 5%