« previous next »

Author Question: In an effort to reduce the surplus of dairy products, agricultural legislation paid dairy farmers to ... (Read 114 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
In an effort to reduce the surplus of dairy products, agricultural legislation paid dairy farmers to slaughter their herds and sell them to packinghouses (meat producers) in 1996-1997 . How did this influence the market for beef?
 a. demand increased, leading to higher beef prices
  b. demand decreased, leading to lower beef prices
  c. supply increased, leading to lower beef prices
  d. supply decreased, leading to higher beef prices

Question 2

If the government wanted to offset the effect of a fall in consumer confidence on AD, it might:
 a. decrease government purchases.
  b. decrease taxes.
 c. increase taxes.
 d. do either a. or c.


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 30, 2018
Thank you


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Acute exacerbations of asthma can require management in the emergency department. The child is place Acute exacerbations of asthma can require management in the emergency department. The child is place
Location of point of maximum effort Location of point of maximum effort
Selected Natural Products Selected Natural Products
Standardization of Selected Herbal Products Standardization of Selected Herbal Products
Using a water-based cleaning system helps reduce the hazards from using strong chemicals. Using a water-based cleaning system helps reduce the hazards from using strong chemicals.
How to reduce simple ratios How to reduce simple ratios
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library