Solved

Parity Pricing Can Be Used as a Substitute for Price

Question 69

Multiple Choice

Parity pricing can be used as a substitute for price floors because it


A) creates the same excess demand
B) allows farmers to earn income without producing goods
C) determines the value of farm goods using market mechanisms
D) has the same effect as a rationing scheme
E) is designed to maintain farmers' purchasing power

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q64: The output per acre on U.S. farms

Q65: Which of the following represents the best

Q66: In a nutshell, what explains the chronic

Q67: An excess demand in a market implies

Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -After the technological

Q70: Because of ongoing changes in farm technology

Q71: Which of the following is the government

Q72: The 1910-1914 period was chosen as a

Q73: If the government establishes a price floor

Q74: One method of addressing an excess demand