Podcast
Questions and Answers
Which sector is engaged in providing services and goods determined by government bodies?
Which sector is engaged in providing services and goods determined by government bodies?
- Government sector
- Private sector
- Collective sector
- Public sector (correct)
Which function of government involves the state producing goods and services for sale in the market?
Which function of government involves the state producing goods and services for sale in the market?
- Production (correct)
- Subsidies
- Regulation
- Provision
What does the government do through its budget in order to provide goods and services?
What does the government do through its budget in order to provide goods and services?
- Production
- Subsidies
- Provision (correct)
- Regulation
What function of government involves the state assisting companies to provide goods and services it sees as beneficial indirectly?
What function of government involves the state assisting companies to provide goods and services it sees as beneficial indirectly?
What does the government do when it allows or prohibits certain activities in the private economy using its coercive powers?
What does the government do when it allows or prohibits certain activities in the private economy using its coercive powers?
Which sector is responsible for providing goods and services whose scope and variety are determined by government bodies?
Which sector is responsible for providing goods and services whose scope and variety are determined by government bodies?
What function of government involves the state assisting companies to provide goods and services it sees as beneficial indirectly?
What function of government involves the state assisting companies to provide goods and services it sees as beneficial indirectly?
Which function of government involves the state producing goods and services for sale in the market?
Which function of government involves the state producing goods and services for sale in the market?
What does the government do when it allows or prohibits certain activities in the private economy using its coercive powers?
What does the government do when it allows or prohibits certain activities in the private economy using its coercive powers?
Which sector is engaged in providing services and goods determined by the direct preferences of consumers?
Which sector is engaged in providing services and goods determined by the direct preferences of consumers?
