17. Identify the type of government policies promoting innovation and social benefit represented by the following scenarios: A. Subsidies B. Taxation C. Research and Development D. Neither Lo. 1. Communication Research Inc. applies for a federal grant to support projects in fiber optics ✓2. The federal government gives million to a research firm to help cover cost ✓3. The federal government provides National Defense ✓4. A pharmaceutical company receives a tax break to pursue research projects

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.9P
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17.
Identify the type of government policies promoting innovation and social benefit represented by the following scenarios:
A. Subsidies
B. Taxation
C. Research and Development
D. Neither
1. Communication Research Inc. applies for a federal grant to support projects in fiber optics
✓2. The federal government gives million to a research firm to help cover cost
✓3. The federal government provides National Defense
24. A pharmaceutical company receives a tax break to pursue research projects
Transcribed Image Text:17. Identify the type of government policies promoting innovation and social benefit represented by the following scenarios: A. Subsidies B. Taxation C. Research and Development D. Neither 1. Communication Research Inc. applies for a federal grant to support projects in fiber optics ✓2. The federal government gives million to a research firm to help cover cost ✓3. The federal government provides National Defense 24. A pharmaceutical company receives a tax break to pursue research projects
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