In What Way Is the Result of a Subsidy Given

question 49

Multiple Choice

In what way is the result of a subsidy given to either demanders or suppliers similar to the result of a price ceiling?

• A) The amount that consumers pay for the good will be less than they previously paid
• B) The amount of the good that will be traded in the market will be less than previously traded
• C) both price ceilings and subsidies create excess demand
• D) The amount that consumers pay for the good will be greater than they previously paid
• E) both price floors and excise taxes create excess supply

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Definitions:

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The degree to which something is related or useful to what is happening or being talked about, often determining the value of search results or information.

False Simplicity

A perception or argument that appears simpler than it actually is, often overlooking complexity or nuances.

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A presentation program developed by Microsoft, used for creating slideshows composed of text, graphics, videos, and other objects, which can be displayed on-screen and navigated through by the presenter or printed out.

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Given positive feedback or commendation for one's actions or achievements.