Multiple Choice
In early 1996, Congress proposed an agriculture bill that would gradually reduce price supports for many agricultural products.If the bill were to be approved, what would most likely happen to the number of families employed in agriculture?
A) It would decrease, because agricultural prices would fall.
B) It would decrease, because agricultural prices would rise.
C) It would increase, because agricultural prices would fall.
D) It would increase, because agricultural prices would rise.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: The laws of supply and demand did
Q59: Are markets always in equilibrium?<br>A)Yes, they are
Q92: An increase in consumer income will shift
Q111: Since rent controls have been in effect
Q120: In an attempt to forecast enrollment, a
Q124: Figure 4-22<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2282/.jpg" alt="Figure 4-22
Q126: If the demand for steak shifts to
Q127: Figure 4-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2282/.jpg" alt="Figure 4-4
Q236: Along a supply curve,<br>A)supply changes as price
Q269: An upward-sloping supply curve shows that<br>A)buyers are