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
You might also like to view...
When the United States sends money to the Philippines to help typhoon survivors, the transaction is recorded in
A) the financial account. B) the capital account. C) the current account. D) the foreign exchange account.
To control moral hazard on the providers' side of the market and the increased spending that accompanies it, managed care organizations enter into contracts with providers that include all of the following except:
a. risk sharing. b. case management. c. the ability to deny coverage to high-cost users. d. utilization review. e. capitation.
For the demand function P = 50 - 5Q,
A. the total revenue is the same whether the price is 20 or 30. B. a producer would do well to price at 50. C. a producer would do well to price at 40. D. a producer could give away only 20.
The buying and selling of foreign currency by the central bank is a trade policy whose objective is:
A. reducing purchases of assets abroad. B. stabilizing the exchange rate against external shocks. C. stabilizing the interest rate against foreign capital outflows. D. promoting long term economic growth.