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Agricultural Prices Have Not Increased as Much as Other Prices

Question 26

Multiple Choice

Agricultural prices have not increased as much as other prices in the twentieth century because:


A) consumers are spending more of their disposable income on other products.
B) increases in agricultural output have outstripped the increased demand.
C) government price controls have kept agricultural prices lower than prices of other products.
D) the demand for food has been declining, resulting in lower prices.

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