The 1990 Farm Act Resulted in All of the Following

question 46

Multiple Choice

The 1990 Farm Act resulted in all of the following except

• A) A reduction in the target prices for farm products.
• B) A reduction in the amount of set-aside acreage.
• C) More market surpluses being sold rather than stored in government warehouses.
• D) An increase in government purchases of surpluses.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee, without controlling or jointly controlling the entity.

Short-Term Investment

An investment expected to be converted into cash, sold, or exchanged within a short time frame, typically within a year.

Stock Investments

Financial assets consisting of shares in companies, representing ownership and possibly entitling the shareholder to dividends.

Debt Investments

Financial assets involving the loan of money by an investor to a borrower, typically with the expectation of receiving interest income in addition to principle repayment.