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Which of the Following Statements Is True

Question 94

Multiple Choice

Which of the following statements is true?


A) In a price support program,consumers end up paying the price support.
B) In a target price system,consumers end up paying the target price.
C) In a target price system,the per-unit deficiency payment is equal to the difference between the quantity demanded at the market price and the quantity supplied at the market price.
D) Acreage allotment programs directly (as opposed to indirectly) raise agricultural product prices.
E) b and d

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