Of all the money spent on farm price supports, about ______ percent goes to large corporate farms.
A. 25
B. 50
C. 75
D. 95
C. 75
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Temporary Assistance to Needy Families is a government program with the goal of:
A. redistribution. B. economic growth. C. social insurance. D. None of these is true.
When labor inputs are finely divisible, the average product of labor curve is ______ sloping at L if the marginal product is ______ the average product.
A. downward; above B. upward; above C. upward; below D. vertical; equal to
Refer to the supply and demand data for a certain elective surgical procedure. If suppliers provide the quantity of health care demanded and insurance pays two-thirds of the equilibrium price, the immediate price to the consumer and quantity of health care demanded would be:
A. $4,000 and 10,000.
B. $3,000 and 7,000.
C. $2,000 and 11,000.
D. $1,000 and 16,000.