Agriculture is a sector of the economy where increased productivity has been accompanied by a significant decrease in employment
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
A country with an official settlements balance of zero and a negative current account balance is a
A) net creditor. B) net lender. C) net borrower. D) net saver. E) None of the above answers is correct because it is not possible to have an official settlements balance of zero and a negative current account balance.
Explain how a model can be useful even if it is not realistic
What will be an ideal response?
Economists generally define economic growth as an increase in real income per capita
a. True b. False Indicate whether the statement is true or false
In the long run, a monopolistic competitor will produce to the point at which
A. at the lowest possible price. B. average total costs are at the minimum of possible ATC. C. average total costs are higher than the minimum of possible ATC. D. resources are used at the lowest possible cost.