Find all School-related info fast with the new School-Specific MBA Forum
Learn more about the recent changes... close

It is currently 24 May 2013, 00:41
Customize  |  Hide

Search
Register
New posts
Unanswered

Current farm policy is institutionalized penalization of

  Question banks Downloads My Bookmarks Reviews  
  Oldest Best Reply
Search for:
 
Print view
First unread post
Author Message
TAGS:
Manager
Manager
Joined: 23 Apr 2007
Posts: 130
Followers: 1

Kudos [?]: 0 [0], given: 0

GMAT Tests User
Current farm policy is institutionalized penalization of [#permalink] New post 26 Jun 2007, 12:34
00:00

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
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
Senior Manager
Senior Manager
Joined: 11 Jun 2006
Posts: 254
Followers: 2

Kudos [?]: 3 [0], given: 0

GMAT Tests User
 [#permalink] New post 26 Jun 2007, 14:31
D. I and II clearly show that the consumer is loosing out. III just states non relevant info.
Manager
Manager
User avatar
Joined: 29 Jan 2007
Posts: 104
Followers: 1

Kudos [?]: 3 [0], given: 0

 [#permalink] New post 26 Jun 2007, 15:19
D for me as well.
~sara
Senior Manager
Senior Manager
Joined: 06 Jul 2004
Posts: 480
Location: united states
Followers: 1

Kudos [?]: 6 [0], given: 0

GMAT Tests User
Re: One more CR [#permalink] New post 26 Jun 2007, 20:06
AugiTh wrote:
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


I think it's A. B talks about ethanol production that may not be related to the food items.
_________________

for every person who doesn't try because he is
afraid of loosing , there is another person who
keeps making mistakes and succeeds..

Re: One more CR   [#permalink] 26 Jun 2007, 20:06
    Similar topics Author Replies Last post
Similar
Topics:
 New posts Current farm policy is institutionalized penalization of ywilfred 4 02 Sep 2005, 08:26
New posts Current farm policy is institutionalized penalization of pavrnd 7 28 Oct 2005, 14:38
New posts Current farm policy is institutionalized penalization of sidbidus 6 15 May 2007, 05:23
New posts Current farm policy is institutionalized penalization of zoltan 7 06 Jun 2007, 05:20
New posts Current farm policy is institutionalized penalization of ritjn2003 1 30 May 2009, 21:05
Display posts from previous: Sort by

Current farm policy is institutionalized penalization of

  Question banks Downloads My Bookmarks Reviews  
Print view
First unread post

Moderators: metallicafan, rajeevrks27, souvik101990, PTK, MacFauz, noboru, kissthegmat, carcass, willigetmylifeback, mikemcgarry, doe007, Vercules, Legendaddy, tuanquang269, RaviChandra, Marcab, Narenn

Search for:


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com