The 1910-1914 Period Was Chosen as a Benchmark Period for Determining

Multiple Choice

The 1910-1914 period was chosen as a benchmark period for determining parity prices because that was when

A) there was the greatest number of farms
B) corn prices were the highest
C) farmers believed that farm and nonfarm prices were such that farms goods traded equal value for equal value with nonfarm goods
D) the exchange standard was most biased in favor of farmers
E) farm productivity was the lowest