please help w/21-30

_Which farm program supports income: a. Marketing loan b. Non recourse loan c. Target price d. Decoupled direct payment. e. All of the above. _Which farm program intervenes in the market the least: a. Countercyclical target price b. Marketing loan. c. Fixed payments. d. Production controls. e. Non recourse loan. 23 25. _The marketing loan differs from the non recourse loan in that it a. Removes the floor from under the market price. b. Is less market distorting c. Makes the U.S. more export competitive. d. Is blue box c. a and c above. Which of the following are not characteristics of production control programs a. May be either voluntary or mandatory. b. Raise the value of fixed resources used in production c. Marketing quotas are less effective than acreage allotments. d. Set aside programs are less effective in reducing production than whole farm retirement e. Typically require payments that are less than farmers could eam from the land being retired Mandatory production controls (acreage allotments and quotas) a. Eliminates slippage. b. Requires import restrictions. c. Provide the initial quota bolder a windfall gain d. Increase the share of income consumers spend on food. c. All of the above. Marketing quotas a. Prevent slippage. b. Avoid capitalization c. Increase U.S. competitiveness in world markets. d. Increase price instability. c. All of the above. Which of the following accurately describes the difference between coupled and decoupled payments? a. The loan rate in the marketing loan is a guaranteed level of returns to farmers per unit of production b. To be decoupled, the payment must not be related to either price or production Fixed payments decided annually by the Congress (supplemental payments) may not be decoupled. d. a and b above. c. All of the above. When government programs increase the profitability of farming: (b) a. It is due to higher prices. b. The value of farmland increases c. Both landlords and tenants benefit d. Barriers to entry into farming decrease. e. a and b above. Which farm program distorts (affects production and price) the market least? (d) a. Price support program. b. Non recourse loan. c. Marketing loan. d. Decoupled fixed payments. e. Countercyclical payments. Which of the following is the most market distorting relative to the free market: a Marketing loan b. Mandatory production controls 30