Since 1930, U.S. agriculture employment
a. has decreased while agricultural output has increased.
b. has increased while agricultural output also has increased.
c. has decreased while agricultural output also has decreased.
d. has increased while agricultural output has decreased.
a. has decreased while agricultural output has increased.
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During the Civil War (1861–1865), hyperinflation occurred in
(a) the North. (b) the South. (c) both the North and South. (d) neither the North nor the South.
A microeconomist might study which of the following?
a. how inflation changes over time for several countries b. how money supply aggregates are measured c. economic growth in less-developed countries in Africa d. the relationship between aggregate income and aggregate personal consumption e. why wages for females are lower than for males in a particular labor market
A groundhog seeing his shadow before six weeks of wintry weather shows ______.
a. ceteris paribus b. composition c. correlation d. causation
Which of the following would cause the sharpest decrease of price?
a. Supply decreases; demand is unchanged. b. Supply increases; demand decreases. c. Supply increases; demand is unchanged. d. Supply increases; demand increases.