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Under an Acreage Allotment Program

Question 123

Multiple Choice

Under an acreage allotment program,


A) the government sets a limit on the quantity of a product that a farmer is allowed to bring to market,which is intended to cause farmers to cut back on the number of acres they cultivate.
B) farmers are paid to take part of their land out of cultivation.
C) farmers are given limits as to the number of acres that can be farmed.
D) farmers are paid the difference between the market price of their product and a governmentally determined price that would maintain an established price parity.
E) the government establishes a minimum price that farmers will be paid for their product,which causes the farmers to cut back on the number of acres planted.

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