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- The government providing welfare is an example of _____________________ None of the above Public Good Taxation Statutory Law Public Interest A constitutional democracy the seeks to protect individual speech, life, and liberties are enforcing: Natural Rights Statutory Law No answer text provided. Rule of Law Natural LawThe government uses several tools to implement environmental regulation. For example, mandatory production standards are designed to prevent companies from damaging a public good such as air or water. Emission taxes that create financial incentives for industries to reduce known pollutants, for example, from oil and coal production, are used to reduce negative externalities. The government can also force a company that causes an environmental problem to clean it up, thus solving the free rider problem. Nevertheless, government regulation imposes costs on society: Higher production costs due to regulation may be passed on to households in the form of higher prices, which—if large enough—can harm the economy. Legislation and its enforcement increase the size and cost of government. What type of analysis does government engage in to protect public goods? Explain using economic terms. What is government goal?Present a private market or government function that could be operated more efficiently with the introduction of competition and explain how this could be accomplished.
- Explain economic impacts of democracy?Which of the following is NOT one of economic roles of government? A. Provision of Public Goods and Services B. Redistribution of Income C. Command and Control the Economy D. Stabilization E. Economic RegulationWhat is NOT a reason for governments to fund education? multiple choice The democratic political system relies on an educated citizenry to operate effectively. More educated people earn more and pay higher taxes. More educated people are more likely to contribute to technological development. More educated people can afford to live in bigger houses.
- Which of the following are Adam Smith's Dos? A. Protect society from violence and invasion of other countries B. Establish safety net programs to protect citizens C. Establish an exact administration of justice D. Erect and maintain public works and institutions where private enterprise could not profit from doing soDiscuss the market failure which justifies government involvement in the economyList five major economic activities of government and give an example of each.
- what is model cities program? for my urban politics classUnderdevelopment as a condition for some countries in the world economy is Group of answer choices an active process inherent and inevitable a passive state of being naturally occurringGovernment economic planning has a historically better record of creating prosperity than the free market. True False...