What and why subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from
Posted: Wed Mar 09, 2022 8:27 am
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?
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?