Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 19 - Agriculture: Economics and Policy - Problems - Page 409: 4a

Answer

$13.33/person

Work Step by Step

Corn subsidies per person is equal to the total money allocated for subsidies divided by the number of people. So, we have $\frac{$4,000,000,000}{300,000,000}$ = $13.33/person

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