In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:
A. higher prices.
B. lower prices.
C. lower output.
D. None of these is true.
Answer: D
Economics
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Protection from foreign competition benefits domestic producers in the protected industry at the expense of domestic consumers
a. True b. False Indicate whether the statement is true or false
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References in the newspaper to the bond market are usually references to
a. the primary bond market b. the commodities market c. the secondary bond market d. the stock market e. the futures market
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“Immigration can be viewed as an investment decision.” Explain
What will be an ideal response?
Economics
Total physical product is the quantity of a firm’s output based upon a given input usage.
Answer the following statement true (T) or false (F)
Economics