What Is Their Current Net Worth

question 26

Multiple Choice

What is their current net worth?

• A)$21,000
• B)$39,000
• C)$18,000
• D)$(21,000)

Analyze the effects of income changes on the demand for agricultural products.

Understand the concept of parity price and how it is calculated.

Identify and understand different costs associated with farm price support programs.

Understand the implications of changes in the parity ratio for farmers.

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