If the dollar fell by 35% relative to the other currencies, our current account deficit would

Government intervention in agricultural markets in the U.S. began

A) during the Korean War. B) during World War II to ensure that enough food was available for domestic consumption. C) after World War I in order to assist farmers to adjust from a war-time economy to a peace-time economy. D) during the Great Depression.

Which of the following statements is incorrect? a. Advertising can lower the costs to consumers of acquiring information

b. Advertising tends to increase competition in imperfectly competitive industries. c. Even though advertising increases total production costs, it may indeed provide a useful service to consumers. d. Advertising is only useful as a way to manipulate consumer tastes.