In early 1996, Congress passed the "Freedom to Farm Bill.". Following the bill's enactment,

a. farmers found that competition from international agriculture declined.
b. farm prices rose steadily for the next 4 years.
c. agriculture was completely deregulated, and farmers began to operate without any government subsidies or assistance.
d. farm prices fell, leading Congress to authorize emergency payments to farmers in 1998 and 1999.

d. farm prices fell, leading Congress to authorize emergency payments to farmers in 1998 and 1999.

Economics

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When we speak of the national debt, we refer to the federal government debt only

a. True b. False Indicate whether the statement is true or false

Economics

An upward shift of the saving schedule suggests:

A. nothing with respect to changes in the APC and APS. B. that the APC and APS have both decreased at each GDP level. C. that the APC and APS have both increased at each GDP level. D. that the APC has decreased and the APS has increased at each GDP level.

Economics