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NSNguyen
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 Posted: Fri Jul 18, 2008 9:11 am Post subject: tough CR |
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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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kiranlegend
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| Posted: Fri Jul 18, 2008 10:15 am Post subject: Re: tough CR |
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| NSNguyen wrote: | 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 |
haan,, i did this question just yesterday and got it wrong by selecting B.
anyway
IMO D.
I says 20 was spent by Govt. But food costs 32. so obviously it supports author's claim that consumer is suffering.
II is pretty st forward..
III is out of scope. |
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raunekk
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| Posted: Fri Jul 18, 2008 11:17 am Post subject: |
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| IMO:D |
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reachac
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| Posted: Sat Jul 19, 2008 12:46 am Post subject: |
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| IMO D |
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NSNguyen
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| Posted: Sat Jul 19, 2008 2:59 am Post subject: |
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Thanks all,
OA: D 
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