CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are FALSE d. 1st statement is FALSE, 2nd is TRUE STATEMENTS: 1. Economic growth increases rapidly if a large sector such as agriculture is left to delay behind the rest of the economy. 2. The primary sources of risk to farmers are price and weather.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: Production And Growth
Section: Chapter Questions
Problem 8PA
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CHOICES:
a. Both statements are TRUE
b. 1st statement is TRUE, 2nd is FALSE
c. Both statements are FALSE
d. 1st statement is FALSE, 2nd is TRUE
STATEMENTS:
1. Economic growth increases rapidly if
a large sector such as agriculture is left to
delay behind the rest of the economy.
2. The primary sources of risk to farmers
are price and weather.
Transcribed Image Text:CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are FALSE d. 1st statement is FALSE, 2nd is TRUE STATEMENTS: 1. Economic growth increases rapidly if a large sector such as agriculture is left to delay behind the rest of the economy. 2. The primary sources of risk to farmers are price and weather.
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