Farm policy in the United States over the past eight decades has been designed primarily to:
A. Shift resources from the farm sector to the nonfarm sector
B. Reduce monopoly in the farm sector
C. Enhance and stabilize farm prices and income
D. Produce a strategic reserve of food
C. Enhance and stabilize farm prices and income
Economics
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The increase in quality bias in the consumer price index refers to the idea that price increases in the CPI reflect pure inflation, but ________ quality increases. This causes the CPI to ________ the cost of the market basket
A) not; overstate B) also; understate C) also; overstate D) not; understate
Economics
For long-term stopgap financing of large projects, city governments can issue
A) tax-anticipation notes. B) bond-anticipation notes. C) general obligation bonds. D) revenue bonds.
Economics