Reference no: EM132511807
1. What, exactly, if the "Farm Problem" --- also known as "The Farmers' Problems"? Please name and discuss the Supply and Demand conditions that make life difficult for farmers, both "year after year" and "decade after decade"---please take me through the various elements of 'The Farm Problem" one by one.
2. What, exactly, is a price "support", also known as a price "floor"? How does a price support work, in theory?
3. In theory, if our government pays SOME farmers $5 per bushel for their wheat, but Supply and Demand intersect at $4 per bushel, WHAT PROBLEMS EMERGE AS A RESULT?
4. In theory, what GOALS does our government try to achieve with a policy of farm price supports?
5. What are some of the possible ALTERNATIVE SOLUTIONS that exist in theory that may get us closer to those goals?
6. Of these possible alternative solutions, which idea may be the best idea, in your opinion? Why?
8. Which idea is the worst, in your opinion? Why?
9. It is the understatement of the century to say that MANY Americans are going through a VERY tough time right now.... In your opinion, do farmers in America deserve "special treatment" by our government? Why or why not?
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Achieve with a policy of farm price supports
: What, exactly, if the "Farm Problem" --- also known as "The Farmers' Problems"? Please name and discuss the Supply and Demand conditions
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