a key consideration by most Governments. In the quest to provide for such goods, some goods and services such as health and education are provided directly by the government, while others are funded publicly but provided privately. What is the difference between these two mechanisms of public financing? Why do you think the same government would use one approach sometimes and the other approach at other tim

Q: Explain the main sources of inefficiency in the public sector

A: The main sources of inefficiency in public sector are  Government interference: one of the major…

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A: Public finance can be defined as a subject dealing with the study of government functions concerning…

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A: Market Failure(MF) is the inefficient distribution of services and goods in the free market. The…

Q: What is a neo-liberal agenda that will advance the public sector?

A: There are various ideologies to deal with a specific social and economic conditions. Neo-liberalism…

Q: In case the government is experiencing a deficit in its budget, it resorts to borrowing to close the…

A: In the production process, the conditions and fluctuations that happen between demand and also the…

Q: 6.) Government intervention arises from market failure and often includes which of the following?…

A: When individuals acting in their own best interests generate a less-than-optimal or economically…

Q: In what way the public funds are ensured with appropriate spending?

A: In an economy, public funds refers to the government budget that is used to spend on society such as…

Q: What areas of government spending impact a business? How do these areas impact the business?

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Q: Discuss the three broad functions of the government

A: The government is an authority or power that organizes on behalf of a community of citizens. In the…

Q: Explain the term public goods with examples

A: Non-excludable: - it is a condition where a person cannot stop another person from using a good or…

Q: Causes of public expenditure

A: The causes of public expenditure is that the public expenditure must be done due to welfare of the…

Q: Critically examine the principle of  Proportionality in good public administration For the…

A: A) The proportionality is the method that an activity ought not be more extreme than is needed,…

Q: List and explain the three levels of public sector

A: The public sector generally comprises the government bodies. Public goods are generally non-rival…

Q: What is public administration? Define bureaucracy and explain the role of bureaucracy in public…

A: Public administration is the study of and preparation of civil servants for administrative purposes…

Q: What finances the majority of federal spending? Explain your answer with the clear and supportive…

A: Government spending refers to the expenditure made by the government on national defense, education,…

Q: How does the problem of limited and bundled choice in the public sector relate to economic…

A: ANS In the political process, the minimal and bundled option appears to decrease economic efficiency…

Q: Define Public finance. How public finance is different from private finance?

A: Government spending is the costs incurred by the government on goods and services to enhance the…

Q: What is public debt? Why public debt a burden on future generation?

A: Public debt refers to the entire amount borrowed by the government to meet its development budget,…

Q: H6-1 The Affordable Care Act (Obamacare) has changed the health care environment in America. Pick…

A: The affordable care Act or also known as Obamacare has created a huge effect on the health care…

Q: What does crowding out in education refer to? a.The government spending money on education reduces…

A: Crowding out effect refers to the situation where the availability of fund for he private investment…

Q: Do you think that higher education in engineering should receive a greater government subsidy…

A: Education plays a very significant role in increasing the cognitive skills, efficiency and knowledge…

Q: What are the two reasons why the government sometimes failed in their programs

A: The Government fails in many times in their programs due to the following reasons Imperfect…

Q: Identify the following 1. It refers to the revenue and expenditure measures of the public budget…

A: A budget plan is a diagram that shows you the progression of cash in your regular day-to-day…

Q: . Directions: Below is a list of the six economic functions of government, followed by a set of 12…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: The largest source of revenue for the federal government is ? A.corporate income taxes. B. the…

A: The largest source of revenue for the federal government is Individual income taxes.

Q: What is the importance of public finance?

A: Introduction - In the 19th century, public finance or revenue had no special importance as the…

Q: How does public sector spending effect the economy and the businesses within?

A: Public sector spending is undertaken by the government of the country. This involves developing…

Q: discuss in detail the Concept of public service in the realm of public sector management

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Q: Unity of private and social interest can only be achieved by a well-managed central planning board.…

A: In an economy, social interest refers to the activities performed in terms of exchange of ideas,…

Q: What are public goods?…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Explain why governments sometimes proceed with a project even if the private costs exceed the…

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Q: Explain why it might be socially and economically optimal for a government to have a public policy…

A: Subsidy for education would benefit society socially as well as economically. There would positive…

Q: Which of the following are roles of government in the economy? (Check all that apply.) A. Providing…

A: Protection of personal property and maintaining law and order / national defence. Raising taxes.…

Q: Briefly discuss two justifications for government intervention in the economy.

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Q: How do you think can the people ensure the appropriate and efficient spending of public money by the…

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Q: Suppose the government increases spending on public education by $700 million and individual…

A: Government spending is the total amount spend on the public sector to acquire the products and…