Note AcademyNote Academy
Start

Economics (AS & A Level) · May / June 2022 · Paper 13 · Question 18

9708Methods and effects of government intervention in markets

What is not a producer subsidy?

  1. Aa grant given to cover losses in an essential industry, such as the rail industry
  2. Ba guaranteed minimum price paid to farmers to ensure the long run supply of food
  3. Cfinancial assistance given to a pharmaceutical company to develop a new vaccine
  4. Da payment made to the unemployed to allow them to buy essential goods and services

As printed in the paper

Show the answer

Correct answer: D. a payment made to the unemployed to allow them to buy essential goods and services

Sit this whole paper →More on Methods and effects of government intervention in markets

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.