A Subsidy

question 10

Multiple Choice

A subsidy:

• A)is the reverse of a tax.
• B)has the same impact on a market as a tax.
• C)has a larger impact on a market than a tax of the same amount.
• D)has a smaller impact on a market than a tax of the same amount.

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Definitions:

Pleasure Needs

The basic human requirement for experiences or activities that bring about enjoyment, satisfaction, or positive feelings.

Practical Ways

Effective and realistic methods or approaches to accomplish tasks or solve problems.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Personality

The unique combination of psychological traits that influence how an individual interacts with their environment.