According to data on Pennsylvania agriculture in the 18th century, the average size of a farm _________, while the number of cleared acres per farm ______________

a. increased; decreased
b. decreased; increased
c. decreased; remained fairly stable
d. remained fairly stable; increased

c. decreased; remained fairly stable

Economics

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When an exchange rate is determined strictly by the demands and supplies for a nation's currency, it is called

a. fixed b. arbitrage c. floating d. unilateral e. balance of payments

Economics

In a monopolistically competitive market, there:

A. are many firms selling an identical product. B. is only one firm that sells many similar yet slightly different products. C. are many firms that have slight control over the price they charge for their product. D. are substantial barriers to entry.

Economics