If the Government Would Like to Induce a Consumer to Consume

question 30

Multiple Choice

If the government would like to induce a consumer to consume a specific level of some good:

• A)a cash subsidy system would likely be cheaper for the government than a voucher system.
• B)a voucher system would likely be cheaper for the government than a cash subsidy system.
• C)the government should only use a cash subsidy system since this always make consumers better off.
• D)the government should only use a voucher system since this always makes consumers better off.

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Definitions:

Major Findings

The primary or most significant conclusions drawn from research or analysis, often highlighting new insights or understanding.

Social Affairs

Issues and activities related to the welfare, development, and well-being of individuals and communities within society.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to the increased interconnectedness of world economies and cultures.

Male Dominance

A social system in which men hold primary power, exerting authority in roles of political leadership, moral authority, social privilege, and control of property.