Which of the following is true ofthe Food, Conservation, and Energy Act of 2008?
a. It continued the subsidies tied to farm prices that comprised the major share of transfers to farmers.
b. The act provided support for the development of bio-fuelsintended to supplement gasoline for automobiles.c. It continued large subsidies to American farmers, which makes the US very different from most industrialized nations, which offer few agricultural subsidies and whose farmers operatein a competitive market.
d. It drastically reduced both direct subsidies and subsidies tied to farm prices.
b. The act provided support for the development of bio-fuels intended to supplement gasoline for automobiles.
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The aggregate production function relating real GDP to labor hours
A) has a constant slope. B) has a negative slope. C) has a positive slope and becomes steeper as employment increases. D) has a positive slope and becomes less steep as employment increases.
Intellectual property rights protection is a critical issue for the pharmaceutical industry among others
Indicate whether the statement is true or false