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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 50
Which statement is true?
A) Subsidy payments to farmers were almost completely phased out in 2005.
B) The so-called new economy of the 1990s was neither new, nor very different from the economy of the previous 25 years.
C) Until the time of the Great Depression, the United States was primarily an agricultural nation.
D) There were no recessions during the presidency of Bill Clinton (January 1993-January 2001).
A) Subsidy payments to farmers were almost completely phased out in 2005.
B) The so-called new economy of the 1990s was neither new, nor very different from the economy of the previous 25 years.
C) Until the time of the Great Depression, the United States was primarily an agricultural nation.
D) There were no recessions during the presidency of Bill Clinton (January 1993-January 2001).
Explanation
Verified
Verified
(A) The first statement is FALSE because...
Microeconomics 9th Edition by Stephen Slavin
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