Answers OC27 Economics-2102310-Sem-Meadows Unit 5 TestQuestion 14

14

QuizMultiple Choice

Unit 5 Test

Question 14 of 25 • (OC27) Economics-2102310-Sem-Meadows

Which best describes what a subsidy does?

Answer

A

It keeps the price of domestic goods relatively low.

B

It raises the price of imported goods.

C

It encourages the import of foreign goods.

D

It eliminates all taxes on domestic goods.

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