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Impact of Federal Fiscal-Monetary Policy on Farm Structure

Published online by Cambridge University Press:  28 April 2015

Luther Tweeten*
Affiliation:
Department of Agricultural Economics, Oklahoma State University

Extract

This paper examines the impact of federal fiscal-monetary (FM) policy on farm structure. FM policy is multifaceted but is confined here mainly to policies influencing aggregate demand. Inflation is defined as an increase in the general price level. Farm structure refers to farm size and numbers, tenure, legal organization, investment, capital-labor ratio, productivity, and status (part-time or full-time farming).

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 1983

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