What and why subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from

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answerhappygod
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What and why subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from

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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?
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