Economics Multiple Choice Question – 1 August 2021

What is NOT true about subsidies?

Select ONE answer:

1. They are paid to firms.
2. They have to be paid back.
3. They reduce the cost of production.
4. They shift the supply curve to the right.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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