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 33 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
Excellent

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library