Explain the function of government below. Alteration of the structure of private production

Q: The Public Service Commission of State X issued a regulation completely banning all advertising that…

A: The state public service commission of country X passed a regulation regarding the prohibition of…

Q: What is meant by the concept "laboratories of democracy"? Why do you think state and local…

A: The concept of "laboratories of democracy" coined by Louis Brandeis states that certain social and…

Q: Note:- please A & B has ben worked I need C and D. Thank you 4. Directions: Below is a list of the…

A: Headlines 1. Federal Reserve Raises Key Interest Rate (E) 2. Congress Raises Tax Rates for Top…

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…

Q: To achieve the optimal provision of public goods, the ect one: a. market should be allowed to arrive…

A: Public goods are meant for the benefit of society.

Q: If the primary objective of government programs in each of these areas is the alleviation of some…

A: Governments around the world put efforts to make an economy work efficiently, for that they…

Q: Role Of Governmen

A: In an ‘economy’, the ‘private sector’ accounts for the biggest ‘money making sector’ of the economy.…

Q: (Types of Legislation) describe the four different categories of legislation based on the…

A: The cost benefit analysis is an important method used in economic to determine which projects to be…

Q: Please elaborate on the economic role of the government under the two different economic theories of…

A: Laissez faire is a theory where there is no government intervention.Market functions on its own and…

Q: The government addresses market failures when it enforces property rights. True or False

A: Externalities refer to the cost or benefit of an economic transaction on a third party who is not…

Q: The result(s) of having government defien and  protect property rights is (are) a. an increase in…

A: Protection of Property rights is in line with the idea of Laissez Faire where the government…

Q: describe the four different categories of legislation based on the distribution of costs and…

A: The four categories of legislation are based on concentrated and widespread costs and benefits.…

Q: Suggest a relevant government policy in barbados that would yield the efficient outcome and…

A: The International money (IMF) could be a non-profit organisation that works to market international…

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

A: Limited and bundled choice in the public sector leads to a reduction in economic efficiency. The…

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: Briefly explain any three economic roles of a government

A: Government is an important element in the economy. Given below are three economic roles of the…

Q: Radio (at least terrestrial radio) can be considered a public good. How can such a radio station…

A: Goods can be divided into private goods, public goods, common goods, and club goods. The…

Q: Assuming the government pays higher cost of production by paying wages that are higher than the…

A: As the government pays higher cost of production by paying wages higher than the market wage rate or…

Q: QUESTION 3 Which of the following has been the primary focus of economists in their analyses of…

A: Public economics is a branch of economics that studies public administration.

Q: a) Discuss the arguments that have been put forward against democracy as one of the public choice…

A: Since you have asked a question with multiple subparts, we will solve first three subparts for you.…

Q: how government can help business organizations in our community

A: Business organization is an enterprise which describes the structure of the business and the goals…

Q: 37. Which of the following is NOT a state responsibility? a. Hold elections b. Respect the laws of…

A: The laws of state responsibility govern about when and how a state is being held responsible for a…

Q: Which of the following is NOT an example of government intervention in the market? a. Corporate…

A: When markets allocate resources inefficiently, governments intervene in the market. Resources are…

Q: Which of the following is a key economic function of government? a. issues passports, visas, and…

A: One of the key economic functions of the government is to protect and enforces property rights and…

Q: Which of the following business forms is a government creation that looks like a corporation but is…

A: In a market, firms are classified into different types based on their characteristics such as sole…

Q: Government is often responsible for those services that private enterprises cannot or are unwilling…

A: Public goods are those goods which are non-rivalrous and non-excludable. It means that no individual…

Q: Which of the following is most likely to result in government failure? Highly competitive markets.…

A: Option 4

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: Common resources area. efficiently provided by market forces.b. underprovided in the absence of…

A: Common resources are non-excludable but rival in consumption. Everyone accesses the common resources…

Q: Describe the case made by economists for public provision of essentially private goods such as food,…

A: A private good is a product that must be purchased in order to be consumed, and consumption by one…

Q: A disaster affecting a few neighborhoods recently occurred. Describe what a well- organized and…

A: The disasters are the event which badly affects the life-style of the citizen, it has a disruptive…

Q: of a given activity. c) Economists refer to the revenue collected as a result of a tax as the burden…

A: In an economy, economists think that there are different types of tax burden when government imposes…

Q: The government must provide public goods such as national defense because   a. the production of…

A: Public goods:- Public goods refers to the products or services that help all people in society and…

Q: how does public opinion impact our society and our political system? (American government 101)

A: By its actual nature, the majority rule process prods residents to shape opinions on various issues.…

Q: Which of the following would tend to make it challenging for governments to provide the correct…

A: Tax is the amount of money that government imposes on the commodity or income of an individual.

Q: Identify the type of government policies promoting innovation and social benefit represented by the…

A: A. Research and Development- Green Energy Co. received a tax rebate for projects involving solar…