The green revolution helped increase food production, as well as benefiting wealthy farmers in developing countries.
<h3 /><h3>What was the green revolution?</h3>
It was a process that instituted new technologies in agriculture, modernizing the means of production on a global scale. Some of the contributions were the development of agricultural machinery and genetically modified seeds.
Therefore, some countries such as Mexico and India have benefited from the green revolution, helping in the development of agriculture and economy.
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Answer:
C) Debit Cash $2,750
Credit Accounts Receivable $2,750
Explanation:
When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.
Answer:
higher and potential output
Explanation:
Starting from long-run equilibrium, an increase in autonomous investment results in higher output in the short run and potential output in the long run.
This is because in concept of economics the long run the prices are at equilibrium and the highest level of real gross domestic product is been attained in contrast to the shortrun where the autonomous investment in increased output than that of before.