Which of the following is not likely to cause a change in the supply of wheat?
a. a government subsidy to farmers who do not grow wheat
b. an increase in the price of soybeans
c. a decrease in the price of fertilizer
d. a fall in the price of wheat
e. producers expect product prices to rise
D
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Assuming all else equal, a rise in the rate of interest:
A) results in a fall in the cost of borrowing. B) results in a fall in the amount of interest accumulated on a loan. C) results in a fall in the quantity of credit demanded. D) results in an increase in the number of potential debtors.
Because the benefits of basic research are obvious and easy to measure, it is likely that the public sector pays for the right amount and the right kinds of basic research
a. True b. False Indicate whether the statement is true or false