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Current farm policy is institutionalized penalization of [#permalink]
 28 Oct 2005, 14:38
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0% (00:00) correct
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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
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SVP
Joined: 28 May 2005
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I got d.
_________________
hey ya......
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SVP
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D.
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Senior Manager
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imo - should be E !
All three add to the woes of the middle + lower income classes
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Director
Joined: 15 Aug 2005
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D it is.
I dont think farmer's income is a rip off for customers!
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Cheers, Rahul.
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Manager
Joined: 08 Aug 2005
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I GOT B
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Director
Joined: 29 Aug 2005
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I got D...what is the answer??
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Manager
Joined: 20 Sep 2005
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OA is D
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