The relationship between farm and nonfarm prices that existed during the period from 1910 to 1914 is known as
A. The target price.
B. Price supports.
C. The payment-in-kind program.
D. The parity price.
Answer: D
Economics
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If real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate?
A) $0.2 trillion B) 1.5 percent C) 15.0 percent D) 2.1 percent E) -1.5 percent
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According to prospect theory,
A) people are concerned with wealth levels only. B) people are concerned with changes in wealth levels only. C) people never use a reference level when making their decisions. D) everybody is risk-neutral.
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