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    Microeconomics Study Set 45
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    Exam 22: Agriculture: Economics and Policy
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    The Parity Ratio Initially Stood at 0
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The Parity Ratio Initially Stood at 0

Question 46

Question 46

Multiple Choice

The parity ratio initially stood at 0.5. Then after several years, the prices received by farmers doubled while the prices they paid tripled. This will bring the parity ratio to


A) 0.25.
B) 0.33.
C) 0.75.
D) 0.8.

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