Consumer Subsidies Are Not Unique to Developing Countries; Although They

question 17

Multiple Choice

Consumer subsidies are not unique to developing countries; although they are in many ways costly,governments are reluctant to eliminate them because such action typically leads to:

• A) deflation.
• B) neutral taxes.
• C) demonstrations or even riots against the government.
• D) the emergence of corporatism.

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Definitions:

Stable

Referring to a condition or situation that is not undergoing significant change or variation and is steady or unchanging over time.

Global

Pertaining to or involving the entire world; worldwide in scope or application.

Behavioral Theories

A group of theories suggesting that behavior is learned through interactions with the environment, rather than being innate or inherited.

Depression

A mental disorder distinguished by a. long-lasting despondent mood or a disconnection from joy in usual engagements, critically impairing routine life.