Which of the Following Is Not a Goal of the "Parity

question 27

Multiple Choice

Which of the following is not a goal of the "parity concept" in U.S. agriculture policy?

• A)Farm households' real income from a given amount of real output should stay the same from year to year.
• B)The ratio of prices paid by farm households to prices received by farm households should remain about the same from year to year.
• C)The average farm households' income should remain at par or equal to the average income of all households.
• D)Changes in the prices paid by farm households should be matched by a proportionate increase in the prices received by farmers.

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Definitions:

Pull Manufacturing

A production strategy where work is initiated based on customer demand, as opposed to pushing inventory based on projected demand.

Stock Inventory

Goods, materials, or commodities held by a business for the purpose of resale or production.

Lean Manufacturing

A methodical technique for minimizing waste in a manufacturing environment without reducing output.

One Operation

This term is not clearly defined in standard financial or accounting practices, it could refer to a process or task that is completed in a single step. NO.