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# Current farm policy is institutionalized penalization of

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Manager
Joined: 23 Apr 2007
Posts: 132
Current farm policy is institutionalized penalization of [#permalink]

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26 Jun 2007, 12:34
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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
Senior Manager
Joined: 11 Jun 2006
Posts: 254

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26 Jun 2007, 14:31
D. I and II clearly show that the consumer is loosing out. III just states non relevant info.
Manager
Joined: 29 Jan 2007
Posts: 102

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26 Jun 2007, 15:19
D for me as well.
~sara
Senior Manager
Joined: 06 Jul 2004
Posts: 468
Location: united states

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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.
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Re: One more CR   [#permalink] 26 Jun 2007, 20:06
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