The creation of a new agricultural policy that includes target pricing occurred during which decade?

a. 1930s
b. 1940s
c. 1970s
d. 1980s
e. 1950s

C

Economics

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Assuming a market price of $4, fill in the columns in the following table. What is the profit-maximizing level of production? What are the two ways to determine the profit-maximizing level of production?

Quantity Total Revenue (TR) Total Cost (TC) Profit Marginal Revenue (MR) Marginal Cost (MC) 0 3 1 5 2 6 3 9 4 14 5 20 6 28 7 40

Economics

With inflation of 5 percent, real GDP growth of 3 percent, and an outstanding national debt of $3400 billion, the "allowable deficit" that holds the debt-GDP ratio constant is

A) $272 billion. B) $68 billion. C) $170 billion. D) $175.1 billion. E) $510 billion.

Economics