The Purpose of Commodity Buffer Stocks Is

question 18

Multiple Choice

The purpose of commodity buffer stocks is

• A)to moderate price fluctuations.
• B)to raise commodity prices.
• C)to encourage commodity substitution.
• D) to guarantee national security.

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Definitions:

Altruism

The selfless concern for the well-being of others, often leading to acts of kindness without expectation of reward.

Ethical Egoism

A moral philosophy suggesting that actions are morally right if they benefit the self of the individual performing them.

Abraham Lincoln

The 16th President of the United States, known for leading the country during the Civil War and abolishing slavery.

Choices

The act of selecting between two or more possibilities and the mental process of judging the merits of multiple options.