In the long run, the beneficiaries of farm price supports are

According to your textbook authors, monetary calculation would improve if

A) the government subsidizes business production. B) the Fed sought to establish monetary equilibrium. C) Congress seeks to establish a budget surplus. D) domestic producers are protected from foreign competition.

According to the HO model, countries with different factor endowments but similar technologies and preferences will have a strong basis for trade with each other

Indicate whether the statement is true or false