When the Federal Government Installs a Price Support Program That

question 20

Multiple Choice

When the federal government installs a price support program that requires the government to purchase all of a good not bought in the private economy at the support price, the impact on total welfare is the:

• A) change in consumer surplus.
• B) change in consumer surplus + the change in producer surplus + the cost to government.
• C) change in consumer surplus + the change in producer surplus - the cost to government.
• D) change in consumer surplus + the change in producer surplus.

---

Definitions:

Stomach Decompression

A medical procedure that involves the removal of stomach contents to relieve pressure or bloating.

Laxative Use

The consumption or usage of substances that loosen stools and increase bowel movements to alleviate constipation.

Dietary Fiber

Indigestible parts of plant foods that aid in maintaining a healthy digestive system, contributing to bowel regularity and health.

Activity Level

A measure of the physical and sometimes psychological engagement in actions or tasks, often assessed in health, fitness, and rehabilitation contexts to determine functional capacity or improve wellbeing.