One Way to Ensure All Producers Benefit from a Price

question 155

Multiple Choice

One way to ensure all producers benefit from a price floor is to:

• A) give a government guarantee to buy all surplus.
• B) ration a certain quantity per consumer.
• C) ration a certain quantity per producer .
• D) All of these are examples of ensuring all producers benefit using non-price methods.

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Executive Order

An Executive Order is a directive issued by the President or a state governor that has the force of law, usually used to direct government operations or to implement policies within the executive branch.

DACA

Deferred Action for Childhood Arrivals, a U.S. immigration policy allowing individuals who came to the U.S. as children and meet several guidelines to receive a renewable two-year period of deferred action from deportation and become eligible for a work permit.