Question

Subsidies means:

• A. payment by the government for the purchase of goods and services
• B. payment made by business enterprises to factors of production
• C. payment made by companies to shareholders
• D. payment made by the government to business enterprises, without buying any goods and services

Answer 1

Answer:

D. payment made by the government to business enterprises, without buying any goods and services

Subsidies are payment made by the government to business enterprises, without buying any goods and services.