Which One of the Following Statements About Subsidies Is NOT

question 81

Multiple Choice

Which one of the following statements about subsidies is NOT correct?

• A) Subsidies cause deadweight losses.
• B) Who actually receives the subsidy does not depend on who gets the check from the government.
• C) Subsidies always increase the gains from trade for producers.
• D) Who benefits from the subsidy depends on the relative elasticities of demand and supply.

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Definitions:

Cruel And Unusual

A term referring to punishment or treatment that is considered unacceptable due to being inhumane or excessively harsh.

Eighth Amendment

A provision of the United States Constitution prohibiting the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Speedy And Public

Pertaining to the constitutional guarantee that legal proceedings must be conducted without undue delay and be open to observation by the public.

Sixth Amendment

A provision in the United States Constitution guaranteeing important rights in criminal prosecutions, such as the right to a speedy and public trial, the right to counsel, the right to confront witnesses, and the right to an impartial jury.