9)

Question

A power company is given free land by the government to reduce the cost of providing wind-generated electricity to rural residents. This is an example of a

A. command-and-control approach.
B. cap-and-trade system.
C. subsidy.
D. green tax.

Answer 1

The correct answer is:

C. subsidy.

A subsidy is a financial support provided by the government to encourage the production or consumption of a particular good or service, in this case, wind-generated electricity.