Governments Use Subsidies

question 34

Multiple Choice

Governments use subsidies

• A)as a means of increasing government spending.
• B)when they want to increase taxes.
• C)to achieve an efficient outcome in a market with external costs.
• D)to achieve an efficient outcome in a market with external benefits.
• E)and pollution permits to achieve an efficient outcome in markets with external benefits.

Understand the ideological differences between liberals, conservatives, libertarians, and socialists.

Recognize governmental and societal responses to economic crises.

Identify the growth trends and characteristics of different population groups in the United States.

Discuss the demographic projections for the United States and their implications on governance and policy.

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