Which of the following government actions will decrease surplus food supplies?
A. A decrease in import restrictions.
B. An increase in the loan rate.
C. A decrease in acreage set-asides.
D. Subsidized advertising of U.S. farm products in foreign markets.
Answer: D
You might also like to view...
Suppose that the Federal Reserve enacts expansionary policy. Everything else held constant, this will cause the demand for U.S. assets to ________ and the U.S. dollar to ________
A) increase; appreciate B) decrease; appreciate C) increase; depreciate D) decrease; depreciate
The unemployment rate will increase whenever there is a(n):
a. increase in the number of persons classified as unemployed. b. increase in the number of unemployed persons relative to the size of the labor force. c. increase in the size of the U.S. population and there is no change in the number of persons classified as employed. d. reduction in the size of the labor force. e. reduction in the size of the civilian labor force while the number of unemployed decreases.
The ratio of a change in consumption to a change in income is the:
a. consumption function. b. propensity to consume. c. average propensity to consume. d. extra propensity to consume. e. marginal propensity to consume.
The labor supply curve shifts ______ when the labor supply declines.
a. upward b. downward c. to the left d. to the right