객관식
A government wants to increase the use of solar panels by offering a \$100 subsidy for each solar panel purchased. The addition of this subsidy will:
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6. Introduction to Taxes
Subsidies
객관식
What is the difference between a tax and a subsidy?
A
A tax lowers producers' costs and increases supply, while a subsidy raises consumers' costs and decreases demand.
B
A tax is a voluntary charge used to discourage consumption, whereas a subsidy is an involuntary penalty imposed to raise government revenue.
C
A tax is a payment from households or firms to the government that raises prices and reduces activity, while a subsidy is a payment from the government to households or firms that lowers prices and increases activity.
D
A tax and a subsidy are the same tool: both are payments made by the government to private agents to influence market outcomes.
검증된 단계별 안내1
Step 1: Understand the definition of a tax in macroeconomics. A tax is a compulsory payment made by households or firms to the government. It typically increases the cost of goods or services, which tends to raise prices and reduce the quantity demanded or supplied in the market.
Step 2: Understand the definition of a subsidy. A subsidy is a payment made by the government to households or firms. It effectively lowers the cost of producing or consuming a good or service, which tends to lower prices and increase the quantity demanded or supplied.
Step 3: Compare the effects of taxes and subsidies on market prices and activity. Taxes increase prices and reduce economic activity, while subsidies decrease prices and encourage more activity.
Step 4: Recognize that taxes and subsidies have opposite roles in influencing market outcomes. Taxes are used to discourage certain behaviors or raise government revenue, whereas subsidies are used to encourage certain behaviors or support producers/consumers.
Step 5: Summarize the key difference: A tax is a payment from households or firms to the government that raises prices and reduces activity, while a subsidy is a payment from the government to households or firms that lowers prices and increases activity.
