A small soybean crop in South America would
A. increase the price of soybean meal.
B. decrease the price of soybeans.
C. increase the crush margin of soybean processors.
D. increase the demand for soybean meal.
Ans: A. increase the price of soybean meal.
Economics
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Assume that the dollar price of a basket of goods in the U.S. is $4 and the Indian price for the same basket is 200 rupees. On the other hand, the dollar price of the Indian basket is $20
Given this information, the Indian price for the Indian basket will be: A) $1,200. B) $1,000. C) $200. D) $5.
Economics
Which of the following would be considered an investment in human capital?
a. education b. a teacher's blackboard c. the purchase of a new computer to enhance labor productivity d. All of the above are correct.
Economics