One Disadvantage of Government Subsidies Over Price Controls Is That

question 249

Multiple Choice

One disadvantage of government subsidies over price controls is that subsidies

• A)prevent the attainment of equilibrium in the markets in which they are imposed.
• B)make higher taxes necessary.
• C)are always unfair to those with low incomes.
• D)cause unemployment.

---

Definitions:

Payable

Refers to an amount of money that is owed by a person or company and is required to be paid to another party.

Bearing Them

Taking responsibility for or dealing with something, often implying a burden or hardship that must be endured.

Transferable

Characteristic of an item, right, or obligation, that allows it to be passed from one party to another, often involving legal documentation.

Negotiable

Capable of being bought, sold, or transferred to another party, often used to describe financial instruments.