mark lai, a student of agricultural science in the developing country mikatra, notes that the demand for rice increased substantially over the last ten years. he attributes this to the substantial growth in population during this period. although rice cultivation in mikatra is still labor-intensive, mark observes that the inflation-adjusted wages for farm workers in the rice industry have more or less remained constant during this period, even though the supply of rice increased. this was contrary tomark's expectations as inflation in mikatra during this period was not very high.

which of the following, if true, is most likely to explain this outcome?

a. rice and other cereals form a smaller proportion of the food budget of higher-income individuals.  

b. the government of another major rice-producing country, langun, subsidizes its rice farmers to keep its prices competitive in the global market.

c. the government of mikatra has recently set a price floor in the wheat market.

d. following the recent removal of trade barriers in mikatra, the domestic manufacturing sector registered an impressive increase in output and employment.

e. people in mikatra mostly prefer the imported long-grained variety of rice.

the answer is: guns or butter

hope i

-lavira : )

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.