Economists are general supporters of farm price support programs as being economically efficiency enhancing.

Question

Quizplus · Accepted Answer

Many economists argue that farm price support programs actually distort markets and lead to inefficiencies, as they incentivize overproduction and can raise prices for consumers. However, there are also some economists who argue that these programs can provide stability for farmers and prevent extreme price volatility. Overall, the answer is not so clear-cut and depends on various factors and perspectives.

Economists Are General Supporters of Farm Price Support Programs as Being