Which statement is true?
A. The number of people living on family farms has been increasing in recent years.
B. Most farm subsidy payments go to large corporate farms.
C. The United States' huge agricultural surpluses have completely eliminated starvation in this country.
D. None of the statements are true.
B. Most farm subsidy payments go to large corporate farms.
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If a country's currency appreciates, the country will experience a ________ in exports and a ________ in imports
A) rise; rise B) fall; fall C) rise; fall D) fall; rise
Wealth taxes are assessed on a stock of assets instead of a flow such as income or sales.
A. True B. False C. Uncertain
Maryanne expects to work for another 30 years and expects to live another 10 years after she retires
If Maryanne completely smooths consumption over her lifetime, for every $1,000 increase in disposable income, she will use ________ for consumption each year. A) $100 B) $333 C) $667 D) $750
What kind of externalities affects the levels of unemployment, inflation, or growth in the economy as a whole?
A. Macroeconomic B. Positive C. Negative D. Microeconomic