In the traditional view, stocks are ____ than bonds to the firm that issues them and ____ than bonds to the investor who purchases them

In the above figure, when the economy is in a long-run equilibrium, the price level will be

A) 90. B) 100. C) 110. D) 120.

Congress passed the Freedom to Farm Act in 1996. What was the purpose of this Act?

A) to phase out price floors and return to a free market in agriculture B) to grant free land to farmers in order to produce crops that were particularly scarce C) to phase out the use of price ceilings in agricultural markets D) to encourage more people to become farmers