Subsidies mean
A
payment by government for purchase of goods and services
B
payment made by business enterprises to factors of production
C
payment made by companies to shareholders
D
payment made by the government to business enterprises, without buying any goods and services
Correct Answer: payment made by the government to business enterprises, without buying any goods and services
Subsidies mean a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low.