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A bill is being prepared for Congress to consider that would limit the types of products that could be bought via the SNAP program to
A bill is being prepared for Congress to consider that would limit the types of products that could be bought via the SNAP program to food staples and would add white potatoes to WIC. For example, families will not be able to buy soft drinks and candy with the SNAP program anymore. This bill would have impacts on several different economic variables. You are an intern for a U.S. Congressman. Prepare a 2-3 page memo with graphs and references for your Congressman that explains in economic terms the impact of this bill on the variables listed below. Using economic theory (graphs and equations) and short sentences explain the likely impacts in the short and long run on: . Price and quantity of rice sold in the U.S. . Price and quantity of sugar sold in the U.S. . Price and quantity of wheat exported out of the U.S. . Price and quantity of white potatoes sold in the U.S
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