AGEC 325 Exam Questions and Answers
Graded A+
U.S. Farm Policy - Correct answer-government actions to preserve, retain, or direct
the use of farmland result primarily from aesthetic and environmental concerns,
not from concern about the effects on food supply or availability
Farm programs - Correct answer-the set of government programs directly
influencing agricultural production, markets and prices
asset fixity - Correct answer-assets used in agriculture are not easily transferred to
other industries
farm - Correct answer-any place from which $1,000 of agricultural products were
produced or sold, or normally would have been sold, during the census year
Goals of farm policy - Correct answer-expanding farm production, supporting and
stabilizing farm prices and income, expanding agricultural exports, adjustment of
farm production to market needs, resource conservation and preservation, family
farm survival, multifunctional
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
Graded A+
U.S. Farm Policy - Correct answer-government actions to preserve, retain, or direct
the use of farmland result primarily from aesthetic and environmental concerns,
not from concern about the effects on food supply or availability
Farm programs - Correct answer-the set of government programs directly
influencing agricultural production, markets and prices
asset fixity - Correct answer-assets used in agriculture are not easily transferred to
other industries
farm - Correct answer-any place from which $1,000 of agricultural products were
produced or sold, or normally would have been sold, during the census year
Goals of farm policy - Correct answer-expanding farm production, supporting and
stabilizing farm prices and income, expanding agricultural exports, adjustment of
farm production to market needs, resource conservation and preservation, family
farm survival, multifunctional
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
