3 Questions In Economics
Date Submitted: 05/03/2004 08:00:07
Category: / Law & Government / Government & Politics
Length: 4 pages (1175 words)
Category: / Law & Government / Government & Politics
Length: 4 pages (1175 words)
1. Would the US economy be better off without government intervention in agriculture? Who would benefit? Who would lose?
2. Are large price movements inevitable in agricultural markets? What other mechanisms might be used to limit such movements?
3. Farmers can eliminate the uncertainties of fluctuating crop prices by selling their crops in "futures" markets(agreeing to a fixed price for crops to be delivered in the future). Who gains or loses from this practice?
The US economy …
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