Government intervention in agriculture usually involves

A) price ceilings in order to keep food prices low.
B) price ceilings in order to subsidize U.S. exports.
C) price supports in order to keep farm incomes high.
D) price supports in order to keep agricultural imports low.


C

Economics

You might also like to view...

What is the Doha Development Agenda?

What will be an ideal response?

Economics

In a market characterized by many sellers, if an outsider devises a way to reduce transaction costs it will:

a. benefit both buyers and sellers. b. cause both buyers and sellers to lose. c. benefit the buyers but cause the sellers to lose. d. benefit the sellers but cause the buyers to lose.

Economics

Abstract terms like "cost of living" and "price level" are meaningless to ordinary individuals

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following is an example of financial intermediation?

a. John buys shares of stock issued by a fast food company. b. A foreign government buys bonds issued by the U.S. Treasury. c. Susan makes a deposit at a bank and the bank uses this money to make an auto loan to Ferguson. d. None of the above is correct.

Economics