Which of the Following, If Happens, May Result in an Increase

question 57

Multiple Choice

Which of the following, if happens, may result in an increase in the relative price of primary products in the world market?

• A)The marginal cost of producing the primary goods declines over time
• B)Productivity growth in the primary sectors is slower than that in the manufacturing sectors
• C)The demand for primary products declines over time
• D)The stock of inventories of primary products unexpectedly increases

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Definitions:

Southern Christian Leadership Conference

An African-American civil rights organization founded in 1957, notably led by Martin Luther King Jr., aimed at ending segregation and achieving racial equality.

Montgomery Bus Boycott

A pivotal civil rights protest in 1955-1956 in Montgomery, Alabama, where African Americans refused to ride city buses, opposing racial segregation and catalyzing further movements for equality.

Christian Values

Moral and ethical codes of conduct derived from Christian teachings.

United States Information Agency

A government agency responsible for disseminating pro-American propaganda and information abroad during the Cold War era.