(Answered) Commodity credit corporationnon-resource loan loan that

Economics

Commodity Credit Corporation:

Non-resource loan: loan that carries neither a penalty nor further obligation to repay if not paid back-- the farmer could get at least the target price for his or her crops.

Deficiency payment: check sent to producers that makes up the difference between the actual market price and the target price.

Why do they benefit to farmers?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92559439
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question imagine the president of china xi jinping hires

Question: Imagine the president of China, Xi Jinping. hires you to advise him on how to increase the country's economic growth rate back up to about 9% annually from its current annual growth rate of about 6.5%. What wou ...

Question in the model the level of investment depends on

Question: In the model, the level of investment depends on the level of domestic savings. If the level of domestic savings is too low to allow the economy grow to the Golden Rule level without taxation, what other source ...

Question the demand for skilled workers in the united

Question: The demand for skilled workers in the United States has been increasing. To increase the supply of skilled workers, many argue that immigration reform to allow more skilled labor into the United States is neede ...

Question from late 1998 to mid-2000 benchmark crude oil

Question: From late 1998 to mid-2000, benchmark crude oil prices tripled, from $10 to $30/bbl. The US uses approximately 18 million barrels of oil per day, or about 7 billion barrels per year, so consumers directly and i ...

Question please using your own word under what

Question: Please Using your own word. Under what circumstances is it necessary and desirable to monetize invaluable environmental amenities. How might this further environmental conservation efforts. The response must be ...

Global poverty is an international issue other countries

Global poverty is an international issue. Other countries are inclined to look to the U.S. with its great wealth to take an active role in assisting poor nations. People here spend money trying to counter baldness while ...

Question topic marijuanathere is much discussion in the

Question: Topic: Marijuana There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely, for recreational purposes. Looking only at the ec ...

Question using the specific factors model ie labor is

Question: Using the Specific Factors Model (i.e. Labor is mobile but Land and Capital are specific to agriculture and manufacturing) what would be the effect of foreign labor immigration on wage rate and the output of bo ...

Question draw a graph that shows a monopolist earning a

Question: Draw a graph that shows a monopolist earning a profit. Be sure your graph includes the monopolist's demand, marginal revenue, average total cost, and marginal cost curves. Be sure to indicate the profit-maximiz ...

Question an auto manufacturer gives franchised dealers

Question: An auto manufacturer gives franchised dealers exclusive service territories, and the law allows dealers to set prices as they wish. Why might you expect the dealer and manufacturer to disagree about the price t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert