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The Purchasing Power of Farmers Is Determined by the

Question 99

Multiple Choice

The purchasing power of farmers is determined by the


A) quantity of farm goods that a dollar can buy
B) quantity of nonfarm goods that a dollar can buy
C) quantity of nonfarm goods that a unit of farm goods can buy
D) subsidies farmers receive from the government in the form of price ceilings on farm goods
E) ratio of their incomes to the incomes of nonfarm producers

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