Because of ongoing changes in farm technology over the last two centuries, the average farm size in the U.S
a. increased, and the number of farms decreased
b. increased, and the number of farms increased
c. stayed virtually the same, but the number of farms decreased
d. decreased, and the number of farms increased
e. decreased, and the number of farms decreased
A
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
In the Current Population Survey, a person is considered unemployed if the person
A) is without a job. B) is working anything less than 40 hours per week. C) is working without pay. D) does not have a job and is actively looking for a job. E) is working less than 20 hours per week.
A general rise in prices is known as
a. fixed incomes b. inflation c. capitalism d. voluntary exchange
Which statement accurately compares government purchases and net exports in terms of their impacts on aggregate demand?
a. The impact of government purchases is much larger than the impact of net exports. b. The impact of government purchases is similar to the impact of net exports. c. Neither government purchases nor net exports have an impact. d. The impact of government purchases is much smaller than the impact of net exports.