A major feature of farm legislation beginning in 2015 includes

A) Set aside requirements to receive farm program benefits.
B) Deficiency payments.
C) Crop insurance.
D) None of the above.

Answer: C

Economics

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Stabilization policies are policies designed to

A) move the economy closer to potential output. B) keep prices constant. C) keep output constant. D) increase trade.

Economics

A product that is a close substitute but not a perfect substitute for the products of the other firms is called

A) a homogeneous product. B) an efficient product. C) a differentiated product. D) an inelastic product.

Economics