Price supports are a form of price ceiling for agricultural products that lowers prices for consumers and enhances market efficiency.

GDP is supposed to measure

A) the volume of production within a country's borders. B) the volume of services generated within a country's borders. C) the volume of production of a country's output. D) GNP plus depreciation. E) net unilateral transfers from foreigners.

When poverty is defined by an relative real income level, what will happen to the poverty rate if the distribution of income is not perfectly equal?

A) The poverty rate will increase forever. B) The poverty rate will eventually be zero. C) The poverty rate will always remain constant. D) The poverty rate will change, but always exist.