Under an Acreage Allotment Program

question 123

Multiple Choice

Under an acreage allotment program,

• A)the government sets a limit on the quantity of a product that a farmer is allowed to bring to market,which is intended to cause farmers to cut back on the number of acres they cultivate.
• B)farmers are paid to take part of their land out of cultivation.
• C)farmers are given limits as to the number of acres that can be farmed.
• D)farmers are paid the difference between the market price of their product and a governmentally determined price that would maintain an established price parity.
• E)the government establishes a minimum price that farmers will be paid for their product,which causes the farmers to cut back on the number of acres planted.

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