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Which of the Following Statements Are True

Question 4

Multiple Choice

Which of the following statements are true?


A) The farm crisis of the 1980s was unprecedented in American economic history.
B) The average farm size (in acres) has been increasing since 1950.
C) Inflation-adjusted farm income has been increasing since the early 1970s.
D) The low interest rate policy of the 1980s forced farm prices and land values down.

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