Which of the following is not explicitly written in the Constitution? Group of answer choices Freedom of Press Freedom of Privacy Freedom of Assembly Freedom of Speech
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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?45. To achieve an output level that is socially acceptable, the government of Plealand has placed a monthly limit on the output of cigarettes. The Plealand government's policy is an example of regulation by means of a: Subsidy Quota Production standard Tradeable permit 46. Corporate governance seeks to address for large companies the fundamental problem of Market failure Separation of ownership and control Expectations gap Irreversibility
- Frederick Bastiat and Jean Jacques Rousseau would most likely agree on which of the following: The purpose of Law is to drive social change. Any discussion of Law and Justice must include analysis of the relationship between the individual and the group. One individual may destroy the rights of another, so long as he does so to preserve his own rights. There is never a good reason for an individual to sacrifice his / her rights.Economists like markets because, generally speaking... Question 2 options: production is organized by government organizations. efficiency can be attained in the market with no government intervention. the allocation of resources is planned by the government. efficiency is usually be achieved by majority rule. efficiency is generally obtained by using a command system.Government regulation of economic and social activities permeates our lives. While regulation in many instances yields important public benefits,regulations often are imposed on individuals and organizations with too little thought or analysis of what is gained in comparison with the losses incurred in time, money, indecision, and productivity. Further, the growth of government involvement in the market system sometimes constrains our ability to achieve fundamental economic and social goals. According to the World Bank study, regulation on business varies widely around the world and less developed countries tend to regulate the most. a.Recommend how government regulations can be more effective.
- Quality Community College (QCC) adopts a new college policy that requires all students to swear to uphold the United States Constitution while placing their hands on the bible before being enrolled. Andy Atheist objects to this new policy and refuses to place his hand on the bible. Andy is refused enrollment. If Andy sues QCC, he will most likely argue that the new policy violates: Group of answer choices The Establishment clause of the 1st Amendment The Free Exercise clause of the 1st Amendment The Equal Protection clause of the 14th Amendment The Due Process clause of the 14th AmendmentAccording to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the products most wanted by consumers would be to: A) Permit government owned industries, such as telecommunications, transportation, and energy, and operate these firms as nonprofit organizations. B) Allow private ownership of businesses, but make use of extensive regulation to force businesses to behave in a socially desirable way. C) Allow entrepreneurs personal freedom to follow their own self-interest. D) Impose high taxes on individuals, and use the revenue to subsidize businesses to encourage them to produce the maximum rate of output.The role of government in a market economy would include all of the following exceptmaking and enforcing laws.collecting taxes.extensive ownership of productive resources.providing services such as national defense.
- Which is NOT a proper role of a government? To protect citizens from foreign enemies To protect citizens’ lives from domestic enemies To protect citizens’ property from domestic enemies To provide at least basic material needs (food, clothing, shelter) to those in poverty To maintain peace by settling disputesPublic goods area. efficiently provided by market forces.b. underprovided in the absence of government.c. overused in the absence of government.d. a type of natural monopoly.Which of the following refers to an economy which most economic decisions are made by the government and not by buyers and sellers who may be individuals or firms? Financial Capital markets Free markets Command economies Market-Oriented economies
