A declining parity ratio implies that the:
A. Prices paid by farmers rose faster than the prices that farmers received
B. Prices received by farmers rose faster than the prices that farmers paid
C. Productivity of farmers is declining
D. Prices paid and received by farmers are both falling
A. Prices paid by farmers rose faster than the prices that farmers received
You might also like to view...
The FOMC is concerned about inflation and has ________ the federal funds rate. Due to substitution effects, other ________ interest rates will ________ almost immediately
A) increased; short-term; increase B) decreased; short-term; decrease C) increased; long-term; increase D) decreased; long-term; decrease E) increased; short-term; decrease
A bank that maintains low NSF fees might also have relatively __________ loan rates, both parts of a strategy to attract __________-than-average borrowers
A) low; safer B) low; riskier C) high; safer D) high; riskier