Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

Which government action would be recognised as the direct supply of goods and services?

  • Aincreasing road maintenance because of poor weather conditions
  • Bmaking payments to low-income families with elderly dependents
  • Csubsidising firms in order to encourage them to increase their output
  • Dtaxing firms because they have been emitting damaging fumes

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