Examlex
Regarding flextime, which of the following statements is/are TRUE?
Subsidies
Subsidies are financial contributions provided by the government to encourage the production or consumption of a good or service, often to support industries that are considered vital for the national economy.
Incentives
Rewards or penalties that motivate individuals to take specific actions.
Sweden
A Scandinavian country known for its high standard of living, strong welfare state, and active role in international peace and security.
Market Failure
A situation in which the allocation of goods and services by a free market is not efficient, often justifying government intervention.
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