An Export Subsidy Will ________ Producer Surplus, ________ Consumer Surplus

question 70

Multiple Choice

An export subsidy will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.

• A) increase; decrease; increase; have an ambiguous effect on
• B) increase; decrease; decrease; decrease
• C) increase; decrease; have no effect on; have an ambiguous effect on
• D) increase; decrease; have no effect on; decrease
• E) increase; increase; decrease; have an ambiguous effect on

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Definitions:

Condition

A particular state of being, especially regarding physical or mental health or well-being.

Sleep

A naturally recurring state of rest for the mind and body, characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

Locations

Specific places or positions.

Many

A term referring to a large number of something, indicating abundance or numerousness.