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

Author Question: What are the five major reasons for government involvement in a market economy? What will be an ... (Read 84 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
What are the five major reasons for government involvement in a market economy?
 
  What will be an ideal response?

Question 2

Which of the following is responsible for controlling the money supply?
 
  A) the Congress
  B) the Supreme Court
  C) the Federal Reserve
  D) the president


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

Provide the legal, monetary and social framework necessary for markets to operate. Insure that markets operate in a competitive manner. Redistribute income and wealth in a more desired (equitable) fashion. Guarantee a more efficient use of resources when there are benefit and cost externalities. Stabilize the overall level of economic activity to counteract undesirable levels of price inflation and unemployment.

Answer to Question 2

C


Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

The major types of plant nutrients and their sources. The major types of plant nutrients and their sources.
Diaphragm, the major muscle of breathing. Diaphragm, the major muscle of breathing.
Major Indian Cultures, AD 1–1500 Major Indian Cultures, AD 1–1500
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
The diaphragm: The major muscle of breathing. The diaphragm: The major muscle of breathing.
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library