The Grangers are noted for
a. encouraging the federal government to re-issue "greenbacks.".
b. establishing cooperatives that sold farm and consumer goods to their members.
c. refusing to sell grain to foreign countries.
d. forming a cartel that set upper limits on members' output of basic farm products.
e. All of the above.
b. establishing cooperatives that sold farm and consumer goods to their members.
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If the realized real interest rate in an economy is 6%, the nominal interest rate is 8%, and the expected inflation rate is 8%, then the realized inflation rate in the economy is:
A) 2%. B) 4%. C) 8%. D) 6%.
All of the following are arguments in favor of restricting trade EXCEPT
A) comparative advantage. B) protecting domestic jobs. C) protecting emerging industries. D) dumping.
Which of the following are among the effects of CFC usage?
a. increased cases of skin cancer c. urban smog b. acidification of surface waters d. all of the above
The cost of an extra unit of oil in the United States in terms of coal given up is
A. 25.
B. 50.
C. 2.
D. 1/2.