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# Current farm policy is institutionalized penalization of

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Senior Manager
Joined: 19 Feb 2007
Posts: 325

Kudos [?]: 71 [0], given: 0

Current farm policy is institutionalized penalization of [#permalink]

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15 May 2007, 04:23
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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
Posts: 1020

Kudos [?]: 202 [0], given: 0

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15 May 2007, 07:38
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
Posts: 326

Kudos [?]: 43 [0], given: 0

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15 May 2007, 07:42
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
Posts: 743

Kudos [?]: 212 [0], given: 0

Location: Dallas, Texas

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15 May 2007, 21:40
(D)
_________________

"Education is what remains when one has forgotten everything he learned in school."

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Director
Joined: 17 Jul 2006
Posts: 700

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16 May 2007, 15:03
Should be only D

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Manager
Joined: 01 Feb 2007
Posts: 63

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

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16 May 2007, 15:39
Another D.

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Senior Manager
Joined: 19 Feb 2007
Posts: 325

Kudos [?]: 71 [0], given: 0

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16 May 2007, 22:25
OA -> D

Kudos [?]: 71 [0], given: 0

16 May 2007, 22:25
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# Current farm policy is institutionalized penalization of

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