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# Current farm policy is institutionalized penalization of

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Manager
Joined: 20 Sep 2005
Posts: 54

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

Current farm policy is institutionalized penalization of [#permalink]

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28 Oct 2005, 14:38
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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 authorâ€™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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SVP
Joined: 28 May 2005
Posts: 1700

Kudos [?]: 473 [0], given: 0

Location: Dhaka

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28 Oct 2005, 15:59
I got d.
_________________

hey ya......

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SVP
Joined: 16 Oct 2003
Posts: 1798

Kudos [?]: 170 [0], given: 0

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28 Oct 2005, 18:04
D.

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Senior Manager
Joined: 05 Jan 2005
Posts: 251

Kudos [?]: 5 [0], given: 0

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28 Oct 2005, 21:08
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
Posts: 794

Kudos [?]: 75 [0], given: 0

Location: Singapore

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28 Oct 2005, 22:05
D it is.
I dont think farmer's income is a rip off for customers!
_________________

Cheers, Rahul.

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Manager
Joined: 08 Aug 2005
Posts: 102

Kudos [?]: 2 [0], given: 0

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28 Oct 2005, 22:51
I GOT B

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Senior Manager
Joined: 29 Aug 2005
Posts: 498

Kudos [?]: 14 [0], given: 0

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29 Oct 2005, 00:06
I got D...what is the answer??

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Manager
Joined: 20 Sep 2005
Posts: 54

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

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30 Oct 2005, 15:59
OA is D

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

30 Oct 2005, 15:59
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# Current farm policy is institutionalized penalization of

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