Information on farm incomes and expenditure patterns for the eight year period 1968-69 to 1975-76 was collected in a survey of 102 farm businesses. Average gross farm earnings varied by up to $20,000 over the period, with marked variations in individual enterprise earnings also being observed. Spending on farm current costs, investment and livestock and consumption closely followed the trends in incomes. A summary of the data collected for 90 of the 102 farm businesses is presented.
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Davis et al. (1979) studied this question.
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