In the U.S., each additional year of schooling has historically raised a person's wage on average by about

The figure above shows that the government provides a subsidy to the farmers of ________ million

A) $350 B) $1,050 C) $50 D) $100 E) $700

Say the market for cereal is initially in equilibrium when all the major newspaper published the findings from study that say that eating 2 cups of cereal each day significantly reduces the risk for a heart attack. Other things equal, the publication of these findings will:

A. decrease the market price of cereal. B. decrease the market quantity of cereal. C. increase the supply of cereal. D. increase the quantity supplied of cereal.