U.S. agriculture subsidies make food look artificially inexpensive to consumers. So, these agriculture subsidies are likely to ( a. increase / b. decrease) the size of the typical American. That is, the typical American will have an (a. a trade- off / b.an incentive / c. no incentive) to buy and consume more food.

U.S. agriculture subsidies make food look artificially inexpensive to consumers. So, these agriculture subsidies are likely to ( a. increase / b. decrease) the size of the typical American. That is, the typical American will have an (a. a trade- off / b.an incentive / c. no incentive) to buy and consume more food.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 11QP

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