The _____ is both a forum where farmers decide what their dues will purchase, and an organization that informally coerces payments from them

If real GDP is increasing more rapidly than population:

a. population must be declining. b. the country will have to export more than it imports. c. the general level of prices must be increasing. d. per capita real GDP will be increasing.

If the market for a product is broadly defined, then

A) the good has many complements. B) there are few substitutes for the product and the demand for the product is relatively inelastic. C) there are many substitutes for the product and the demand for the product is relatively elastic. D) the expenditure on the good is likely to make up a large share of one's budget.