Which of the Following Would, Other Things Equal, Increase the Demand

question 28

Multiple Choice

Which of the following would, other things equal, increase the demand for U.S. farm products?

• A) poorer crops abroad
• B) appreciation of the U.S. dollar
• C) deteriorating trade relations with China and Russia
• D) increases in foreign tariffs on imported farm products

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Definitions:

Unemployment Rate

The portion of people in the labor market who are without jobs and are searching for employment.

Percentage Point

A unit for measuring the difference between percentages, emphasizing the change in values over time.

Slope

In mathematics, the slope represents the rate of change between two points on a line, indicating its steepness and direction.

Positive

A term indicating the presence of or addition to something, often used in a favorable or optimistic sense.