Suppose the government of Marina aims to minimize the deadweight loss of subsidy. It should:
a. provide a subsidy in a market with more inelastic demand.
b. provide a subsidy in a market with unit elastic supply

c. provide a subsidy in a market with more elastic demand.
d. provide a subsidy in a market with perfectly elastic supply.

Economics

Intermediate goods are not counted as part of gross domestic product

Indicate whether the statement is true or false

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Economics

Money lowers the transaction cost when: a. the economy is experiencing rapid inflation. b. its value is stable

c. the rate of inflation is uncertain. d. there is widespread deflation

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Economics