What would an economist point to explain why there are no large farms within Detroit city limits?
A) The cultural characteristics of the typical Detroit citizen
B) The political power of the automobile industry in Detroit
C) The residential and commercial demand for real estate in Detroit
D) None of the above.
C
Economics
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If there is a center country to which other nations peg under a noncooperative arrangement, which nation(s) have monetary policy authority?
A) none B) all C) industrialized nations only D) the center nation only
Economics
A factor increasing the popularity of monetarism in the late 1970s was the
A. ease with which the Fed controlled the money supply. B. excellent performance of the economy in the 1970s. C. fear of budget deficits and growing federal debt. D. predictable behavior of velocity until about 1980.
Economics