Price Floors, When Applied to Agricultural Markets, Have

Multiple Choice

Price floors, when applied to agricultural markets, have

A) promoted the interests of consumers
B) reflected the government's desire for greater equality in the distribution of goods among consumers
C) created the need to print ration coupons
D) created excess supply, which meant that the government would have to buy the excess supply to keep the prices from falling below the price floor
E) created excess demand, which meant that the government had to prevent the price floor from rising above the equilibrium price