- UID
- 606225
- 在线时间
- 小时
- 注册时间
- 2011-2-16
- 最后登录
- 1970-1-1
- 主题
- 帖子
- 性别
- 保密
|
73. The cotton farms of Country Q became so productive
that the market could not absorb all that they
produced. Consequently, cotton prices fell. The
government tried to boost cotton prices by offering
farmers who took 25 percent of their cotton acreage
out of production direct support payments up to a
specified maximum per farm.
The government's program, if successful, will not be a
net burden on the budget. Which of the following, if
true, is the best basis for an explanation of how this
could be so?
(A) Depressed cotton prices meant operating
losses for cotton farms, and the government
lost revenue from taxes on farm profits.
(B) Cotton production in several countries other
than Qdeclined slightly the year that the
support-payment program went into effect in Q.
(C) The first year that the support-payment program
was in effect, cotton acreage in Q was 5 percent
below its level in the base year for the program.
(0) The specified maximum per farm meant that for
very large cotton farms the support payments
were less per acre for those acres that were
withdrawn from production than they were for
smaller farms.
(E) Farmers who wished to qualify for support
payments could not use the cotton acreage that
was withdrawn from production to growany
other crop. |
|
京公网安备11010202008513号 京ICP证101109号 京ICP备12012021号
发表于 2011-12-4 21:30:23
收藏
收藏
