相关知识点: 试题来源: 解析 C 『解析』推理判断题。根据"Finally, Krugman forgets that concerns about global warming are the main reason that corn prices have skyrocketed since 2005."可知作者认为是气候变化导致粮食价格猛涨。故『答案』为C。反馈 收藏 ...
1What is the chief reason for the rise in corn prices according to the author?A> Demand for food has been rising in the developing countries.B> A considerable portion of corn is used to produce green fuel.C> Climate change has caused corn yields to drop markedly.D> Inflation rates have...
Their development of the notion of the 'corn-price' of labour was not arbitrary, but rather a reflection of their awareness of the fluctuating value of silver coinage, the reality that food costs were a large percentage of household budgets and the most immediate constraint to population growth...
Corn: As a key player in the global economy, corn is a popular food source for humans, as well as for livestock likefeeder cattle,lean hogs, andlive cattle. It’s a key component in ethanol fuel production. Coffee: A commodity with global popularity that’s farmed by a small monopoly ...
Treasury bond futures are particularly useful to investors because they are highly liquid. This means the secondary market, on which investors trade already written futures contracts, has a high trading volume. Investors can thus count on selling or buying contracts on short notice. Liquidity enables...
Would it be accurate to think of a fixed exchange rate as a simultaneous price ceiling and price floor? A price ceiling will typically cause: A. prices and quantity supplied that are too high B. prices and quantity supplied that are too low C. prices that are too high and quantity suppli...
Revenues are expected to be $7.38 billion, up 12.8% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.42% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts ha...
Like corn, soybean prices fluctuate with meat production and biodiesel demand. Likewise, weather disruptions to soy crops in the U.S., Brazil, and Argentina can lead to undersupply. There are several ways to invest in soy: Soybean futures: CME corn futures and options provide exposure to physi...
Agricultural commodities include corn, soybeans, wheat, rice, cocoa, coffee, cotton, and sugar. For investors interested in the agricultural sector, population growth—combined with limited agricultural supplies—could provide profits from rising agricultural commodity prices. ...
If a 50% rise in corn prices only decreases the quantity demanded by 10%, the demand elasticity is 0.2.Elasticitymeasures how demand shifts when economic factors change. When demand remains constant regardless of price changes, it is calledinelasticity. ...