A ______ can be viewed as a negative tax.

a. surplus
b. deadweight loss
c. subsidy
d. supply curve

c. subsidy

Economics

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How do entry barriers hamper economic prosperity?

What will be an ideal response?

Economics

Surveys of consumers regarding labor standards reveal that they:

a. treat potential losses and potential gains equally. b. weigh potential losses more than potential gains. c. weigh potential losses less than potential gains. d. do not experience losses in gains.

Economics