Answered: All the following government policies…

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter1: The Economic Approach

Section: Chapter Questions

Problem 4CQ

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All the following government policies are likely to increase the quantity of some products that are produced. But with one policy, this effect is a side-effect rather than the aim. Which policy is that?
a) A policy intended to improve efficiency.
b) The introduction of subsidies on some products.
c) A policy intended to reduce unemployment.
d) The introduction of taxes on the rich and transfers to the poor. Please dont use any AI tool.

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