The system of land tenure in which tenant farmers pay a fixed share of their crop to landowners is called
(a) communal farming.
(b) collective farming.
(c) latifundio-minifundio system.
(d) sharecropping.
D
Economics
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A rent ceiling creates a shortage. As a result, there is
A) an efficient allocation of housing. B) a surplus of housing. C) an increase in the producer surplus in the housing market. D) a decrease in the producer surplus in the housing market.
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Assuming the same coupon rate and maturity length, the difference between the yield on a Treasury Inflation Indexed Security and the yield on a nonindexed Treasury security provides insight into
A) the nominal interest rate. B) the real interest rate. C) the nominal exchange rate. D) the expected inflation rate.
Economics