Congress passed the Freedom to Farm Act in 1996. What was the purpose of this Act?
A) to phase out price floors and return to a free market in agriculture
B) to grant free land to farmers in order to produce crops that were particularly scarce
C) to phase out the use of price ceilings in agricultural markets
D) to encourage more people to become farmers
A
Economics
You might also like to view...
Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day. What is the marginal cost of the 19th sweater?
A) $40.00 B) $20.00 C) $10.00 D) $8.00
Economics
Increases in productivity are caused by
a. better education and training of the labor force. b. higher levels of literacy. c. improvements in technology. d. All of the above are correct.
Economics