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Current farm policy is institutionalized penalization of

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Manager
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Current farm policy is institutionalized penalization of [#permalink] New post 28 Oct 2005, 13:38
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A
B
C
D
E

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0% (00:00) correct 0% (00:00) wrong based on 0 sessions
8. Current farm policy is institutionalized penalization of consumers. It increases food prices for middle- and low-income families and costs the taxpayer billions of dollars a year.
Which of the following statements, if true, would provide support for the author’s claims above?
I. Farm subsidies amount to roughly $20 billion a year in federal payouts and $12 billion more in higher food prices.
II. According to a study by the Department of Agriculture, each $1 of benefits provided to farmers for ethanol production costs consumers and taxpayers $4.
III. The average full-time farmers have an average net worth of over $300,000.
(A) I only
(B) II only
(C) III only
(D) I and II only
(E) I, II, and III

Please explain your ans
SVP
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 [#permalink] New post 28 Oct 2005, 14:59
I got d.
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hey ya......

SVP
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 [#permalink] New post 28 Oct 2005, 17:04
D.
Senior Manager
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 [#permalink] New post 28 Oct 2005, 20:08
imo - should be E !

All three add to the woes of the middle + lower income classes
Director
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 [#permalink] New post 28 Oct 2005, 21:05
D it is.
I dont think farmer's income is a rip off for customers!
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Cheers, Rahul.

Manager
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 [#permalink] New post 28 Oct 2005, 21:51
I GOT B
Director
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 [#permalink] New post 28 Oct 2005, 23:06
I got D...what is the answer??
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 [#permalink] New post 30 Oct 2005, 14:59
OA is D
  [#permalink] 30 Oct 2005, 14:59
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