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The value of any index in its base year is always _________.

Suppose the index of prices received by farmers in 1975 was 0.77 and the base year of this index was 2019.  Then:

Ceteris paribus, which characteristic makes monopolistic competition (ie. branded products) distinct market structures?

Ceteris paribus, which market has the lowest control over product price?

What is the best way for a country to get out of an economic depression?

USDA estimates that approximately _________ of the US food supply is being wasted.

A demand curve _____.

Asset fixity means an asset does not have many alternative uses.

A 40-year-old female in the U.S. has a 0.2% risk of dying during the next year. An insurance company charges $280 per year for a life-insurance policy that pays a $200,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest dollar.

A bag contains 4 blue and 7 red M&Ms.  You randomly select two M&Ms from the bag without replacement (you eat the M&Ms). Find the probability that the first is blue and the second is red.  Write your final answer as decimal, rounded to three decimal places.