Multiple Choice QuestionMarketing loans, direct payments, and countercyclical payments are various forms of farm subsidies provided by ______.Multiple choice question.the Agricultural Price Support System enacted 60 years agothe Freedom to Farm Act of 1996the Freedom to Farm Act of 2008the Food, Conservation, and Energy Act of 2008

Multiple Choice QuestionThe ______ eliminated price supports and acreage allotments for many of the nation's crops, while continuing direct subsidies to farmers.Multiple choice question.Average Crop Revenue Election ProgramFood, Conservation, and Energy Act of 2008Agricultural Price Support System of 1947Freedom to Farm Act of 1996

The three major kinds of farm subsidies provided by the Food, Conservation and Energy Act of 2008 areMultiple select question.Price supportsMarketing loansDirect paymentsTransition paymentsCountercyclical payments

Multiple Select QuestionSelect all that applyWhich of the following describes the Freedom to Farm Act of 1996?Multiple select question.Marketing loans enabled farmers to pay interest when crop prices are high or to forfeit production when prices are low.Farmers were allowed to respond to the changing factors of supply and demand.Direct or fixed cash payments to farmers could be based on historical patterns of production and unaffected by current crop prices.The act ended price supports and acreage allotments for many farm products.Countercyclical payments to farmers could be based on previous crops grown regardless of current crops planted.

Multiple Choice QuestionWhich of the following suggests that farmers should obtain a constant ratio of the prices they receive for their farm products and the prices they pay for goods and services in general?Multiple choice question.An annual farm subsidyThe price-support systemThe parity conceptAn imposed price floor

Multiple Choice QuestionThe price-support strategy exacerbated which of the following problems?Multiple choice question.The presence of too many farmers in the marketThe hazardous conditions faced by agricultural workersThe low prices farmers received for their outputThe inability of consumers to afford agricultural products