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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Joined: 27 May 2009
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Current farm policy is institutionalized penalization of [#permalink]

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30 May 2009, 20:05
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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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Joined: 30 May 2009
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Re: farm policy [#permalink]

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30 May 2009, 20:19
My choice is D..

I - tells that 20 billion from federal payout which is tax payers money.

II - shows how tax payers money is underutilized..

III - doesn't make any relation with premises..
Re: farm policy   [#permalink] 30 May 2009, 20:19
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# Current farm policy is institutionalized penalization of

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