MicroEconomics: Although taxpayers foot the bill for federal water sold to farmers at subsidized prices, they also eat the crops grown with that water

EVALUATE THE FOLLOWING:
“Although taxpayers foot the bill for federal water sold to farmers at subsidized prices, they also eat the crops grown with that water. Because the crops are cheaper due to the subsidized water, taxpayers get back exactly what they put in, so there is no waste from having subsidized water for farmers.”
Use references (if any) according to the Chicago Manual of Style, author-year (aka APA style).

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