Which of the following is correct about the nonrecourse loan program? Group of answer choices Loan rate serves as a price floor for major program crops. Farmers store the crop and receive loans at the support price level. When the market price is lower than the loan price, farmers sell the products to the CCC and the loan rate is the effective market price. All choices correct. When the market price is higher than the loan price plus the interest, farmers sell the products on the market and repay the loan and the interest