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A government policy provides a subsidy for the production of corn. Which of the following is a consequence of this policy, everything else equal? -Shift
A government policy provides a subsidy for the production of corn. Which of the following is a consequence of this policy, everything else equal?
-Shift the supply curve of corn to the right increasing the supply of corn.
-Shift the demand curve for corn to the left reducing the demand for corn.
-Shift the supply curve for corn to the right and shift the demand curve for corn left.
-Shift the supply curve for corn to the left and shift the demand curve for corn to the right.
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