The absence of significant scale economies in 19th century agriculture outside the cotton South produced all of the following except

Suppose there are two types of bonds (one-year bonds and two-year bonds) and that the yield curve is initially upward sloping in period t. Note: For this question assume that: (1 ) expected inflation is zero; and (2 ) the relevant interest rate on the vertical axis of the IS-LM model is the one-year interest rate. Based on our understanding of the IS-LM model, of the yield curve and of financial

markets, we know with certainty that an announcement in period t of a partially unexpected future increase in taxes (to be implemented in period t + 1 ) will have which of the following effects? A) stock prices will increase in period t B) stock prices will fall in period t C) the yield curve will become steeper in period t D) none of the above

Which statement is most accurate about social indicators in the US between 1950 and 1980?

a. The divorce rate doubled. b. The suicide rate rose sharply. c. The murder rate remained relatively constant. d. The birth rate for unmarried women remained relatively constant.