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22 Jul 2022, 01:30
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
74% (01:55) correct
26%
(02:22)
wrong
based on 202
sessions
History
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Time
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Not Attempted Yet
As a result of technological innovations, the corn crop of Country X has been steadily increasing over the last 10 years. The market in Country X can no longer absorb all the corn that is produced, and corn prices have started to fall. The government of Country X announced that it wants to raise corn prices by mandating that 20 percent of this year ’ s corn crop be purchased by a newly-created government food reserve program. The government ’ s idea, if successful, will not result in a net shortfall in the budget of Country X.
Which of the following, if true, is the best explanation for how this could happen?
A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue.
B. Corn prices in several neighboring countries rose slightly after the government announcement.
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent.
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs.
E. Farmers are not allowed to make arrangements to export excess corn.
Which of the following, if true, is the best explanation for how this could happen?
A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue.
B. Corn prices in several neighboring countries rose slightly after the government announcement.
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent.
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs.
E. Farmers are not allowed to make arrangements to export excess corn.
22 Jul 2022, 08:39
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A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue. Correct
so, government budget will not in shortfall because corn prices will not decrease and govern could earn more from sales of corn
B. Corn prices in several neighboring countries rose slightly after the government announcement. Incorrect
irrlevant
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent. Incorrect
but total production of corn still enough to decrease price
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs. Incorrect
irrelevant
E. Farmers are not allowed to make arrangements to export excess corn. Incorrect
irrelevant
so, government budget will not in shortfall because corn prices will not decrease and govern could earn more from sales of corn
B. Corn prices in several neighboring countries rose slightly after the government announcement. Incorrect
irrlevant
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent. Incorrect
but total production of corn still enough to decrease price
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs. Incorrect
irrelevant
E. Farmers are not allowed to make arrangements to export excess corn. Incorrect
irrelevant
08 Aug 2022, 09:07
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Bookmarks
Bunuel
As a result of technological innovations, the corn crop of Country X has been steadily increasing over the last 10 years. The market in Country X can no longer absorb all the corn that is produced, and corn prices have started to fall. The government of Country X announced that it wants to raise corn prices by mandating that 20 percent of this year ’ s corn crop be purchased by a newly-created government food reserve program. The government ’ s idea, if successful, will not result in a net shortfall in the budget of Country X.
Which of the following, if true, is the best explanation for how this could happen?
A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue.
B. Corn prices in several neighboring countries rose slightly after the government announcement.
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent.
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs.
E. Farmers are not allowed to make arrangements to export excess corn.
data from passage:Which of the following, if true, is the best explanation for how this could happen?
A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue.
B. Corn prices in several neighboring countries rose slightly after the government announcement.
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent.
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs.
E. Farmers are not allowed to make arrangements to export excess corn.
-corn crop has been steadily increasing
-country x does not absorb all the corn, so prices fall
-the government wants to increase the price
lets do POE,
A. When corn prices began to drop, corn farmers began to experience operating losses and the government in turn suffered a decline in tax revenue.
keep it as a contender, bc corn price affect taxes, so the government
B. Corn prices in several neighboring countries rose slightly after the government announcement.
not relevant bc does not explain how the issue could happen
C. An unexpected series of storms reduced this year ’ s corn crop by 5 percent.
does not address government's plan
D. Large farms are expected to request partial exemptions from this mandate because they have higher operating costs.
the size of the farm is not addressed in the passage, so it is irrelevant
E. Farmers are not allowed to make arrangements to export excess corn.
keep it as a contender, bc exports could be the solution for the corn crop excesses that country x can't absorb
now we have (A) and (E)
we need something that explain how the action that the government plan to take, is possible; (E) does not do that, because if the country is not able to export, does not explain why is convenient for the government to intercede. so (A) is the correct answer
