The following is TRUE about the Conservation Reserve Program (CRP). Group of answer choices a)It is a government program that pays farmers to retire their land from 10-15 years. b)It can be used by the government to influence crop prices. c)Land that was released from CRP contracts can explain the increase in cropland in the US in recent years. d)It can be a way for the government to transfer money to the farm sector. e)All the above.
The following is TRUE about the Conservation Reserve Program (CRP). Group of answer choices a)It is a government program that pays farmers to retire their land from 10-15 years. b)It can be used by the government to influence crop prices. c)Land that was released from CRP contracts can explain the increase in cropland in the US in recent years. d)It can be a way for the government to transfer money to the farm sector. e)All the above.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
The following is TRUE about the Conservation Reserve Program (CRP).
Group of answer choices
a)It is a government program that pays farmers to retire their land from 10-15 years.
b)It can be used by the government to influence crop prices.
c)Land that was released from CRP contracts can explain the increase in cropland in the US in recent years.
d)It can be a way for the government to transfer money to the farm sector.
e)All the above.
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