Refer to the data provided in Table 11.2 below to answer the following question(s). Table 11.2
Refer to Table 11.2. When the interest rate ________, the farmer will investment in all four projects.
A. is less than 15%
B. is greater than 15%
C. is greater than 5%
D. is less than 5%
Answer: D
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Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
If the government implements a tax on the general public to pay for street lighting in one neighborhood,
A) the tax redistributes well-being and the benevolent social planner is not pleased. B) the tax redistributes well-being, but the benevolent social planner is pleased. C) the tax reduces well being and the benevolent social planner is not pleased. D) the tax has no bearing on well-being and the benevolent social planner is indifferent.
Growth should
A) be the only strategy. B) be a possible strategy. C) never be a strategy. D) be a strategy only if it minimizes ATC.
Based on the graph showing the type of health insurance and coverage status in the United States in 2016, the smallest percentage of people are covered by ______ plans.
a. direct purchase
b. military health care
c. Medicare
d. employment-based