The Group of Economists That Has Stressed the Idea of Government

question 63

Multiple Choice

The group of economists that has stressed the idea of government failure is:

• A) mainstream economists.
• B) Pre-Marxian economists.
• C) public choice economists.
• D) neo-Keynesian economists.

---

Definitions:

Collection Policy

A set of guidelines and procedures followed by a business to collect accounts receivable or outstanding debts from clients or customers.

Collection Policy

A collection policy outlines the procedures a company uses to collect accounts receivable, including timelines, communication strategies, and actions for overdue payments.

Accounts Receivables

The amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Payables Policy

A company's set of guidelines or practices for managing its accounts payable, including terms of payment and prioritizing of payments.