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Senior Manager
Joined: 19 Feb 2007
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Current farm policy is institutionalized penalization of [#permalink]
 15 May 2007, 05:23
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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
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VP
Joined: 06 Feb 2007
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Going with D - I and II are statements that support the claims of the author.
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Senior Manager
Joined: 27 Mar 2007
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agree (D)! the net worth has nothing to do with the taxpayer or the so called 'institutionalized penalization of consumers'. cheers
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Director
Joined: 24 Aug 2006
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(D)
_________________
"Education is what remains when one has forgotten everything he learned in school."
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Director
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Should be only D
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Manager
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Another D.
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Senior Manager
Joined: 19 Feb 2007
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OA -> D
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