A Minimum Price That the Government Guarantees Farmers Will Receive

question 145

Multiple Choice

A minimum price that the government guarantees farmers will receive for a particular crop is:

• A) a price ceiling.
• B) a price floor (price support).
• C) a deficiency price.
• D) an export price (export subsidy).

---

Definitions:

Mindset

The established set of attitudes held by someone, influencing how they view and interact with the world.

Tasks

Specific activities or duties to be completed within a certain timeframe.

Resilient

The ability to quickly recover from difficulties; toughness.

Successful

Achieving desired aims or attaining prosperity.