Which of the Following Best Describes the State of Agriculture

question 73

Multiple Choice

Which of the following best describes the state of agriculture at the present time?

• A)Things have never been better,especially for the small farmer.
• B)The small farmer is selling an increasing percentage of farm output.
• C)American farms are so productive that the U.S.often exports one-third of its corn,wheat and other crops.
• D)There has been a substantial shift of population back to the farms.

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Definitions:

Voting Stock

Shares of a corporation that give the shareholder the right to vote on matters of corporate policy and on the selection of the board of directors.

Cash Dividend

A disbursement from a corporation to its stockholders, typically coming from its earnings.

Net Income

The ultimate earnings of a company, arrived at by reducing its revenues by all incurred expenses and taxes.

Nonvoting Preferred Stock

A type of preferred stock that does not grant the holder voting rights at the corporation’s shareholders' meetings.