Current farm policy is institutionalized penalization of : GMAT Critical Reasoning (CR)
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# Current farm policy is institutionalized penalization of

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Manager
Joined: 23 Apr 2007
Posts: 131
Followers: 1

Kudos [?]: 34 [0], given: 0

Current farm policy is institutionalized penalization of [#permalink]

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26 Jun 2007, 11:34
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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 If you have any questions you can ask an expert New! Senior Manager Joined: 11 Jun 2006 Posts: 254 Followers: 3 Kudos [?]: 9 [0], given: 0 ### Show Tags 26 Jun 2007, 13:31 D. I and II clearly show that the consumer is loosing out. III just states non relevant info. Manager Joined: 29 Jan 2007 Posts: 104 Followers: 1 Kudos [?]: 15 [0], given: 0 ### Show Tags 26 Jun 2007, 14:19 D for me as well. ~sara Senior Manager Joined: 06 Jul 2004 Posts: 473 Location: united states Followers: 1 Kudos [?]: 106 [0], given: 0 Re: One more CR [#permalink] ### Show Tags 26 Jun 2007, 19:06 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.
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Re: One more CR   [#permalink] 26 Jun 2007, 19:06
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