An Export Subsidy Will ________ Producer Surplus, ________ Consumer Surplus

question 70

Multiple Choice

An export subsidy will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.

• A) increase; decrease; increase; have an ambiguous effect on
• B) increase; decrease; decrease; decrease
• C) increase; decrease; have no effect on; have an ambiguous effect on
• D) increase; decrease; have no effect on; decrease
• E) increase; increase; decrease; have an ambiguous effect on

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Definitions:

Job Content

Pertains to the specific tasks, responsibilities, and functions associated with a particular job or position.

Job Context

The conditions, environment, and external factors surrounding a job that influence its execution and the satisfaction of the employee.

Competence

The ability of an individual or organization to perform a task or job effectively, often measured against a set of standards.

Referent Power

is a form of influence based on the admiration one has for an individual or group and the desire to emulate them.