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(Figure: Good Y and Good X III) Given the change in the budget constraint, the demand curve for _____ shifted _____.
Price Subsidies
Financial assistance provided by the government to lower the cost of goods or services.
Income Subsidies
Financial assistance provided by the government to individuals or groups to help support their income and reduce economic inequality.
Farm Policies
Government rules and programs designed to support farmers, influence agricultural production, stabilize prices, and ensure food security.
Economic Problem
The issue of limited resources with unlimited wants, necessitating choices about what and how to produce for society.
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