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It Is Not Likely That the Costly Special-Interest Farm Price

Question 79

Multiple Choice

It is not likely that the costly special-interest farm price supports will be replaced by more efficient direct transfer payments because


A) farming would cease
B) such a proposal would attract public attention and threaten the survival of the program
C) the private gains from price supports exceed the costs to society
D) a direct transfer program would require too much paperwork
E) consumers favor the current legislation

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