The Effect of Substituting an Equal-Cost Lump-Sum Grant for an Excise

question 48

Multiple Choice

The effect of substituting an equal-cost lump-sum grant for an excise subsidy is to:

• A)increase the consumption of the subsidized good and increase the consumption of other goods.
• B)decrease the consumption of the subsidized good and increase the consumption of other goods.
• C)decrease the consumption of the subsidized good and decrease the consumption of other goods.
• D)increase the consumption of the subsidized good and decrease the consumption of other goods.

---

Definitions:

Stepfather

A man who is married to one's mother after the divorce or death of one's biological father and who may not be the biological father of the child.

Formulate Plan

Designing a structured approach to achieve a specific goal or solve a problem.

Nursing Admission

The initial process of assessing and recording a new patient's health status upon entry into a nursing care facility.

Summation

The process of adding a sequence of numbers or quantities to get a total.