et948
contestada

Government payments to suppliers are called subsidies

True or false

Respuesta :

Meg292
Pretty sure it's True

The correct answer is false.

It is false that government payments to suppliers are called subsidies. Government payments to suppliers are called excise taxes.

When a purchase is made on a specific good, it includes excise taxes. It is a flat-rate tax in specific services, goods, or activities. The best example is gasoline. It is already included in the price you pay. Alcohol can be another example of a product with an excise tax.