Medicare subsidizes or provides health care to the poor and medicaid provides health care to the elderly

One disadvantage of government subsidies over price controls is that subsidies

a. prevent the attainment of equilibrium in the markets in which they are imposed. b. make higher taxes necessary. c. are always unfair to those with low incomes. d. cause unemployment.

Politics

A. play no role in public finance. B. influence government decisions. C. have to be factored into economic decision making. D. all of these answer options are correct.