All of the following changes characterize the postwar agricultural sector except:
a. the rise of corporate farms.
b. increasing reliance on expensive, large-scale machinery.
c. innovations by federal and state laboratories that increased output.
d. increasing numbers of tenant farms in the South.
d. increasing numbers of tenant farms in the South.
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GDP as predicted by the classical model is
a. lower than the actual level of GDP b. higher than the actual level of GDP c. smoother and steadier than actual GDP d. more unstable over time than actual GDP e. an accurate predictor of actual GDP
Bond prices and interest rates:
a. are interrelated b. have no relationship to one another c. rise or fall in tandem d. none of these choices
Business owners who care only about making money are
a. likely to discriminate against certain groups of workers. b. likely to be replaced by discriminating businesses. c. more concerned about racial discrimination than gender discrimination. d. at an advantage when competing against those who practice discrimination.
Disposable income is less than GDP due to
A. Taxes by governments along with exports. B. Taxes by governments along with imports. C. Income held by businesses. D. Taxes by governments and income held back as saving by businesses.