Author Question: Subsidies can destroy wealth because a. subsidies move assets from lower- to higher- valued uses b. ... (Read 114 times)

sabina · **on:** Jul 1, 2018

Subsidies can destroy wealth because
a. subsidies move assets from lower- to higher- valued uses
b. subsidies move assets from higher- to lower- valued uses
c. subsidies help producers only
d. subsidies help consumers only

Question 2

Economic reasoning is based on the premise that:
a. all decisions or actions are costless.
b. only non-economic decisions or actions have a cost associated with them.
c. only economic decisions or actions have a cost associated with them.
d. all decisions and actions have a cost associated with them.