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Recent government policies to provide price and income subsidies in agriculture are economically inefficient because they Recent government policies to provide price and income subsidies

Recent government policies to provide price and income subsidies in agriculture are economically inefficient because they Recent government policies to provide price and income subsidies in agriculture are economically inefficient because they give control over production and prices to a few, large agribusinesses. limit the adoption of new technology to increase output. maintain high production levels for farm products. increase the interest costs for farmers

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