In the Supply and Demand Model, a Subsidy Granted to Buyers

question 49

Multiple Choice

In the supply and demand model, a subsidy granted to buyers is illustrated by

• A) a downward shift in the demand curve, by the per unit amount of the subsidy.
• B) an upward shift in the demand curve, by the per unit amount of the subsidy.
• C) a downward shift in the supply curve, by the per unit amount of the subsidy.
• D) an upward shift in the supply curve, by the per unit amount of the subsidy.

---

Definitions:

Capital Offense

A crime that is punishable by the death penalty, typically including the most serious offenses such as murder or treason.

Third-degree Felony

A category of crime considered less serious than first or second-degree felonies, but still criminally significant, subject to legal penalties including imprisonment.

Model Penal Code

A standardized set of criminal laws developed as a guideline to shape and modernize the penal laws of the United States.

Capital Offense

An offense for which the legal system can impose the death penalty.