Farm Programs That Pay Farmers Not to Plant Crops on All

question 2

Multiple Choice

Farm programs that pay farmers not to plant crops on all their land

• A)hurt farmers by lowering their total revenue and hurt consumers by causing shortages of some food items.
• B)help farmers by cutting costs,which helps consumers by lowering food prices.
• C)help farmers by increasing total revenue in the market but hurt consumers by raising food prices.
• D)help farmers directly since they receive government payments but have no real effects on consumers.

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Definitions:

Critique

A detailed analysis and assessment of something, especially a literary, philosophical, or political theory.

Postmodernism

An intellectual stance or mode of discourse defined by an attitude of skepticism toward what it describes as the grand narratives and ideologies of modernism, emphasizing plurality, ambiguity, and diversity.

Fredric Jameson

A literary critic and Marxist political theorist known for his analysis of contemporary cultural trends and the concept of postmodernity.

Monopoly Capitalism

An economic system characterized by the concentration of economic power in the hands of a few individuals or corporations, leading to market dominance and limiting competition.