"Localvores" refers to food products which are
A) organically produced.
B) imported from foreign countries.
C) grown in places which are close to the point of consumption.
D) provide health and nutritional benefits in combating diseases.
C
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The multiplier-accelerator model was developed by
A) Paul Samuelson. B) classical economists. C) Walter Heller. D) John Maynard Keynes.
Affirmative action
A. requires potential employees to affirm their rights at the Equal Employment Opportunity Commission. B. outlaws discrimination in rates of pay and hiring standards. C. refers to active efforts to locate and hire members of underrepresented groups. D. is when members of underrepresented groups act to reduce workplace discrimination.
The Lorenz curve is a way of illustrating the distribution of income
a. True b. False
Assuming a perfectly competitive market implies that households have perfect knowledge of qualities and prices of everything available in the market.
Answer the following statement true (T) or false (F)