
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 18
Suppose government offers a subsidy to laptop sellers. Say whether each group of people gains or loses from this policy.
a. Laptop buyers.
b. Laptop sellers.
c. Desktop computer sellers (assuming that they are different from laptop manufacturers).
d. Desktop computer buyers.
a. Laptop buyers.
b. Laptop sellers.
c. Desktop computer sellers (assuming that they are different from laptop manufacturers).
d. Desktop computer buyers.
Explanation
Subsidy:
Subsidy refers to the provisio...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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