if usda estimates that expected corn-based ethanol production will increase, this is expected to:
a) increase estimated "use" of corn (in the current crop year)
b) increase estimated "supply" of corn (in the current crop year)
a) increase estimated "use" of corn (in the current crop year)
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If the Fed pursues expansionary monetary policy then
A) the money supply will increase, interest rates will rise and GDP will rise. B) the money supply will decrease, interest rates will fall and GDP will fall. C) the money supply will decrease, interest rates will rise and GDP will fall. D) the money supply will increase, interest rates will fall and GDP will rise.
Prior to World War II,
a. the growth of real GDP was more stable than has been the case since the war. b. the growth of real GDP was less stable than has been the case since the war. c. unemployment seldom exceeded 4 percent of the labor force. d. double-digit swings in real GDP during a single year were unheard of.
The resource termed labor consists of the physical, but not the mental, talents that people contribute to the production process
Indicate whether the statement is true or false
The present value of $1 received n years from now is found by dividing 1 by _______.
Fill in the blank(s) with the appropriate word(s).