Which of the following receives government subsides that are in place to protect the population rather than for economic reasons?
a) a national car company in Indonesia
b) small farmers in France
c) tobacco growers in the United States
d) national airlines in Western Europe
Ans: b) small farmers in France
Economics
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By saving, households
a. are supplying loanable funds b. are demanding loanable funds c. are investing d. are acting as a financial intermediary e. must find a borrower
Economics
Consider a setting in which there is a positive externality, but no negative externality. The market outcome is __________________; government can bring about the ___________________ outcome if it sets a subsidy equal to the __________________
A) inefficient; efficient; MEB B) inefficient; efficient; MEC C) efficient; inefficient; MPC D) inefficient; efficient; MPB E) inefficient; efficient; MSB
Economics