tough CR

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tough CR

by NSNguyen » Fri Jul 18, 2008 8:11 am
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
Please share your idea and your reasoning :D
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Source: — Critical Reasoning |

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Re: tough CR

by kiranlegend » Fri Jul 18, 2008 9:15 am
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
[spoiler]haan,, i did this question just yesterday and got it wrong by selecting B.

anyway [/spoiler]

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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by raunekk » Fri Jul 18, 2008 10:17 am
IMO:D

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by reachac » Fri Jul 18, 2008 11:46 pm
IMO D

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by NSNguyen » Sat Jul 19, 2008 1:59 am
Thanks all,
OA: D :lol:
Please share your idea and your reasoning :D
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by srinivasarajui » Tue Apr 06, 2010 8:39 am
Can any one explain why A is correct.
Srinu

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by joseph32 » Mon May 16, 2016 12:10 am
I would go for D as well. It seems the best and safest among the rest.