Asked by Sayeh Becker on Jun 26, 2024
Verified
The Food, Conservation, and Energy Act of 2008 provided three main forms of cash commodity subsidies, including the following, except
A) direct payments.
B) cash rebates.
C) countercyclical payments.
D) marketing loans.
Food, Conservation, And Energy Act
This act, often referred to as the 2008 Farm Bill, aims to regulate various aspects of agriculture, energy production, and food assistance programs in the United States.
Cash Commodity Subsidies
Financial support provided by governments to farmers for certain commodities, paid in cash.
Countercyclical Payments
Government payments to agricultural producers that increase when market prices fall below certain thresholds, aiming to stabilize farmers' incomes.
- Discern between different agricultural subsidy programs and their consequences on market behaviors.
Verified Answer
Learning Objectives
- Discern between different agricultural subsidy programs and their consequences on market behaviors.
Related questions
The Three Types of Farm Subsidies Under the Food, Conservation ...
If Government Establishes a System of Price Supports, It Is ...
Agricultural Price-Support Programs Result in Consumers Paying Lower Prices for ...
Price Supports ...
If Price Supports Are Established and Producers Are Producing More ...