Public Finance Overview
4 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary focus of public finance as explained in the text?

  • Examining the impact of government measures on society
  • Designing tax systems
  • Analysis of government interventions in markets
  • Study of public sector economics (correct)
  • Why is government intervention necessary according to the text?

  • To maximize profits for private businesses
  • To reduce public spending
  • To regulate market competition
  • To address market failures in allocation and income distribution (correct)
  • What function does a market fulfill when prices accurately reflect real costs with no externalities?

  • Regulation function
  • Distribution function
  • Stabilization function
  • Allocation function (correct)
  • Why might government intervention be required for public goods in the market?

    <p>To ensure equitable distribution of goods (D)</p> Signup and view all the answers

    More Like This

    Public Finance Overview
    40 questions
    Finanzas Públicas y Financiamiento del Gobierno
    48 questions
    Public Finance Chapter 8: Taxation
    48 questions

    Public Finance Chapter 8: Taxation

    GutsyWildflowerMeadow6848 avatar
    GutsyWildflowerMeadow6848
    Publieke Financiën Quiz
    13 questions

    Publieke Financiën Quiz

    AffirmativeConnemara579 avatar
    AffirmativeConnemara579
    Use Quizgecko on...
    Browser
    Browser