Periods of unusually low production in an economy result in ________ unemployment.

In the long run, an increase in FDI in the manufacturing sector will:

a. increase marginal product of labor in the agriculture sector. b. increase marginal product of labor in the manufacturing sector. c. decrease marginal product of labor in the agriculture sector. d. not change the marginal product of labor in either sector

Assuming your local cash price is quoted above the CBOT futures price, an increase in transportation costs in your area would be expected to have what effect on the basis:

A. Widen the basis. B. Strengthen the basis. C. No effect on the basis. D. Not enough information to tell.