Agriculture is:
A) global in nature
B) local in nature
C) about farming, but not food
D) a depressed industry due to ethanol
Correct Answer:
Verified
Q37: The US is an example of:
A) a
Q38: A noneconomic good is also called:
A) a
Q39: The payment to management is:
A) interest
B) profit
C)
Q40: A command economy could NOT be:
A) a
Q41: Most farm families:
A) rely on off-farm income
B)
Q43: If the price of corn increases, then:
A)
Q44: The price of cattle assumes:
A) different qualities
Q45: When the price of gasoline increases, ceteris
Q46: Economics assumes that all business firms desire
Q47: Suppose that Congress increased the minimum wage
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