Farm productivity can always be improved by

a. transforming small plots into larger ones
b. encouraging the use of modern equipment
c. making sure that each farmer has land in each ecological zone
d. encouraging monocropping
e. none of the above

E

Economics

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The demand schedule for a good: a. indicates the quantity that people will buy at the prevailing price

b. indicates the quantities that suppliers will sell at various market prices. c. indicates the quantities that will be purchased at alternative market prices. d. is determined primarily by the cost of producing the good.

Economics

When expected inflation increases, for any given nominal interest rate the:

A. bond demand curve shifts right. B. price of bonds increases. C. yield on bonds will increase. D. bond supply curve shifts right.

Economics