The advantage of direct income supports is that they
A) Provide income security without distorting market prices and output.
B) Raise market prices.
C) Increase market output.
Correct Answer:
Verified
Q37: If an agricultural price support keeps a
Q38: Suppose European incomes increase by 4 percent
Q39: Response lags
A)Reduce short-term price instability.
B)Increase short-term price
Q40: If a price support is maintained above
Q41: Government subsidies on the purchase of fertilizer
Q43: Prior to 2001,if the market price of
Q44: Q45: The loan rate is the Q46: The government inflates the demand for farm Q47: ![]()
A)Interest rate farmers![]()
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