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    Under the Target Price System
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Under the Target Price System

Question 47

Question 47

Multiple Choice

Under the target price system,


A) supply is restricted.
B) consumers must pay the target price.
C) payments are made to the government when the price paid by consumers rises above the target price.
D) farmers are paid a deficiency payment if the market price for their goods is below the target price.
E) a and c

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