This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the objectives of government taxation and spending? What will be an ideal ... (Read 82 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
What are the objectives of government taxation and spending?
 
  What will be an ideal response?

Question 2

Which of the following is likely to use the concepts of game theory?
 
  A) Deciding on how much to spend on monthly groceries
  B) Exit decision of competitive firms in the long run
  C) International trade negotiation
  D) Pricing decision of a firm operating in a competitive market


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

There are four main objectives of government taxation and spending:
1. To correct market failures and externalities
2. To raise revenues
3. To redistribute funds
4. To finance operations

Answer to Question 2

C


clmills979

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library