In equilibrium, all traded foods sell at the same price internationally. If the same goods are expressed in their home prices, then the ratio of prices is equal to

A 5% increase in real income usually leads to ________ in money demand

A) a decrease B) no change C) an increase of less than 5% D) a decrease of 5%

Agriculture's share of total output in the U.S. has declined throughout the 20th century, although the absolute value of farm output has increased. The number of U.S. farms grew in the early part of the century, then began to steadily fall. The number of U.S. farms peaked in which of the following decades?

a. 1910–1919 b. 1970–1979 c. 1930–1939 d. 1950–1959 e. 1980–1999