Here's a rather specific question concerning U.S. historical agricultural data. Which of the following increased fivefold from 1950 to 1980?
a. number of farms
b. use of horses and mules per farm
c. number of farmers
d. use of chemical fertilizers per acre
e. acreage needed to feed horses and mules
D
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Because of unseasonably cold weather, orange crops were destroyed in Florida. This statement indicates that
A. the demand for apple juice will decrease. B. the amount of orange juice will decrease. C. demand for oranges will necessarily rise. D. equilibrium quantity of oranges will rise.
Active fiscal policy is the main tool used by the Fed for economic stabilization
Indicate whether the statement is true or false
Which of the following is NOT a disadvantage to inflation targeting?
A) There is a delayed signal about achievement of the target. B) Inflation targets could impose a rigid rule on policymakers. C) There is potential for larger output fluctuations. D) There is a lack of transparency.
In economics, "real interest rate" can best be described as
What will be an ideal response?