1.

U.S. farmers' incomes are unstable in the short run, primarily owing to:

A. changes in price support programs with each new congress
B. swings in crop yields and export demand, coupled with inelastic demand
C. fluctuations in U.S. agricultural imports that have caused wide swings in prices of food products
D. rapid changes in technology coupled with slow population growth
Answer» C. fluctuations in U.S. agricultural imports that have caused wide swings in prices of food products


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