A Subsidy Exists Where the Government Has Conferred a Benefit

question 46

Multiple Choice

A subsidy exists where the government has conferred a benefit to a domestic firm or industry,except:

• A) lower tax rate.
• B) guarantee low interest loans.
• C) buying goods from domestic firms at higher market prices.
• D) grants to research universities.

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Definitions:

Empathy

The capacity to understand and share the feelings or emotional states of another individual.

Materialism

The belief or attitude that physical possessions and wealth are of the highest importance in life.

Behavioral Genetics

The study of the role genetic factors play in influencing behaviors, personality, and psychological traits.

Hereditary Factors

Genetic characteristics and traits passed down from parents to their offspring.