A payment that a person receives from the government for engaging in a particular activity is called a

A) bribe.
B) subsidy.
C) consumer surplus.
D) tariff.

B

Economics

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Brown can brew 4 gallons of stout or 3 gallons of lager every three months, or any linear combination in between. Which statement is true?

A) Brown sacrifices 3/4 gallons of lager for every gallon of stout brewed. B) Brown sacrifices 1 1/3 gallons of stout for every gallon of lager brewed. C) Both of the above are true. D) None of the above is true.

Economics

How has the distribution of money income changed over time?

What will be an ideal response?

Economics