Compared to an Equal-Cost Cash Grant,an Excise Subsidy on Clothing

question 12

Multiple Choice

Compared to an equal-cost cash grant,an excise subsidy on clothing results in the purchase of:

• A)more clothing and more of other goods.
• B)less clothing and more of other goods.
• C)more clothing and less of other goods.
• D)less clothing and less of other goods.