The 2007 Farm Act Was Set to Expire in 2012

question 96

Multiple Choice

The 2007 Farm Act was set to expire in 2012 for all of the following reasons except

• A) Farm subsidies are received in 362 of the 435 congressional districts.
• B) The economic reasons for subsidies were challenged.
• C) The high federal budget deficit called for cuts in farm subsidies.
• D) "Millionaire" farmers were criticized for receiving government supports.

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Definitions:

Insider Information

Privileged, non-public information held by company insiders or others that could provide an unfair advantage in securities trading.

Securities Commission

A regulatory body or agency responsible for overseeing the securities industry, including the enforcement of laws and regulations regarding trading and investments.

Online Bankers

Professionals who facilitate banking services and transactions through digital platforms without the necessity for a physical bank branch.

Binomial Distribution

A statistical distribution representing the number of successes in a fixed number of independent trials, with each trial having the same probability of success.