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Loraine Loraine
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9 years ago
Agricultural price supports in the United States
A) harm U.S. consumers, U.S. taxpayers, and foreign farmers and creates a deadweight loss.
B) benefit U.S. taxpayers, U.S. farmers, and U.S. consumers.
C) create gains to U.S. farmers that are at least as large as losses to U.S. consumers.
D) decrease the deadweight loss and improve market efficiency.
E) None of the above answers is correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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