Rising demand for an agricultural good __________ the payments government is committed to pay farmers under a __________ program
A) raises; production flexibility contract
B) raises; deficiency payment
C) lowers; production flexibility contract
D) lowers; deficiency payment
D
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The most common form of trading goods for goods is
A. bilateral trade. B. government commodity distribution. C. status-based trades. D. barter. E. payments in kind.
The main purpose of the Fed is to:
a. serve as the bankers' bank for member banks. b. regulate interest rates. c. print Federal Reserve Notes. d. regulate financial institutions. e. maintain the proper functioning of our money system.
The percentage of the population in the two lower income classes (defined by Pew as having less than 67% of median family income)
A. remained constant at 60% from the 1970s to 2015. B. declined from more than 60% in the 1970s to 50% in 2015. C. declined from more than 60% in the 1970s to 20% in 2015. D. increased from the 1970s to 2015.
The person often credited with inventing modern game theory is
A) John Nash. B) Albert Einstein. C) John von Neumann. D) Isaac Newton.