Which of the following is not an effect of an agricultural price support?
A) a surplus
B) fewer exchanges
C) higher prices paid by consumers
D) government purchase and storage of surplus
E) higher-quality products
E
Economics
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A horizontal merger involves
A) the joining of two firms at different stages of the production process. B) the separation of management from ownership. C) the joining of two firms selling similar products. D) the exchange of debt for stock.
Economics
If the fraction of U.S. government securities held by foreigners increases, _____
a. current consumption by U.S. citizens can decrease b. current consumption by U.S. citizens can increase c. current interest payments will increase d. private investments will increase e. the burden of debt on future generations will decrease
Economics