Question

Suppose the United States had a short-term shortage of farmers. Which mechanisms would adjust to remove the shortage? a. The government would provide tax incentives to encourage people to become farmers. b. The government would subsidize the production of food. c. The prices of food and the wages of farmers would adjust. d. There are no mechanisms to remove the shortage.

Answer 1

option C.

Step-by-step explanation:

The correct answer will be option C.

There is a short term shortage of farmers in the USA so this will lead to a decrease the production of agricultural products and this will increase the price of the agricultural products.

to resolve this Government will adjust the price of food and wages of the farmer so that the price of the food item does not increase and people can be encouraged to opt to farm.