The retail value of a gallon of milk (fat free) is $4.19. Dairy farmers receive roughly $1.64 for this gallon of milk. What is the dairy farmer's share of the retail food dollar?

A) 39% B) 42% C) 34% D) 33%

Answer: A

Economics

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A union will try to increase employment for its members as long as the marginal wage is positive.

Answer the following statement true (T) or false (F)

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On the basis of which interest rate are Eurocredits often quoted?

A) United States Prime Rate B) European Central Bank Offer Rate C) London Interbank Offered Rate D) International Monetary Fund Interest Rate

Economics