What and why subsidy is a direct or indirect payment to
individuals or firms, usually in the form of a cash payment from
the government or a targeted tax cut. In economic theory, subsidies
can be used to offset market failures and externalities to achieve
greater economic efficiency?
What and why subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
What and why subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!