If the index of prices paid by farmers is 140 and the index of prices received by farmers is 140, then the parity price ratio would equal
a. 100
b. 80
c. 120
d. 140
e. 0
A
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Because two percent of the largest farms grow half of all of the grain in the United States, the grain industry is technically classified as an oligopoly
Indicate whether the statement is true or false
Since 1990, the growth rate of real gross private investment in the United States has been relatively ________ and the growth rate of real personal consumption has been relatively ________
A) stable; stable B) stable; volatile C) volatile; stable D) volatile; volatile
To macroeconomists, investment is mainly the purchases of goods and services
A) by businesses. B) to hold as wealth, such as gold coins or art. C) to hold as wealth, such as stocks and bonds. D) by the government. E) ?b and c
Jim transfers money from his money market account to his savings account. This action
a. reduced M1 and increases M2. b. increases M1 and reduces M2. c. has no effect on M1 or M2. d. increases M1 and M2.