The relationship between farm and nonfarm prices that existed during the period from 1910 to 1914 is known as
A) The payment-in-kind program.
B) The target price.
C) The farm parity price.
D) Price supports.

Question

Quizplus · Accepted Answer

The relationship between farm and nonfarm prices that existed during the period from 1910 to 1914 is known as the farm parity price, which is the price that provides farmers with the same purchasing power they had during a specific base period.

The Relationship Between Farm and Nonfarm Prices That Existed During