Farm share of U.S. GDP has
A) declined from about 12 percent in 1950 to 1 percent today.
B) declined from about 12 percent in 1950 to 7 percent today.
C) declined from about 7 percent in 1950 to 1 percent today.
D) remained relatively stable over the past 50 years.
Correct Answer:
Verified
Q13: The demand for most agricultural products is
A)
Q14: If the demand for an agricultural product
Q15: Which of the following would, other things
Q16: Which of the following best describes the
Q17: Which of the following best describes the
Q19: An extraordinarily small crop of farm products
Q20: Over time, technological change has
A) reduced both
Q21: The misallocation of resources associated with price
Q22: Which of the following statements is correct?
A)
Q23: Which of the following is correct?
A) The
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