Agricultural subsidies in the United States are paid for by
a. consumers of the product
b. taxpayers and consumers
c. other industries
d. special taxes
e. import tariffs
B
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During the boom years of the 1920s, bank failures were quite
A) uncommon, averaging less than 30 per year. B) uncommon, averaging less than 100 per year. C) common, averaging about 600 per year. D) common, averaging about 1000 per year.
The firm is considering changing its price to $900. Predict the quantity demanded at that price, all other things equal and provide a 95% confidence interval on your estimate
(In doing this, explain the value of t-critical you will use in developing your 95% confidence interval.)
Which would not increase the productivity of labor?
A) An increase in the size of the labor force B) An increase in the quality of capital C) An increase in the quantity of capital D) An increase in technology E) An increase in the efficiency of energy
Refer to the figure below. Assume the market is originally at point W. Movement to point X is the result of:
A. an increase in supply and an increase in demand. B. an increase in demand and an increase in quantity supplied. C. a decrease in supply and an increase in quantity demanded. D. an increase in supply and an increase in quantity demanded.