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Direct subsidies guarantee that the farmers will receive the money no matter what. This is important for farmers, for because of the risk of a bad crop, they want to have some money guaranteed.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 20 - Agriculture: Economics and Policy - Discussion Questions - Page 463: 13
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