Which of the Following Is a Valid Reason for Government

question 56

Multiple Choice

Which of the following is a valid reason for government provision rather than market provision of certain economic goods and services?

• A) When the government provides economic goods, they are free; costs are only incurred when such goods are provided by private firms.
• B) Voters tend to be better informed than market consumers.
• C) Decision makers in the market are motivated by self-interest, whereas, political decision makers are primarily motivated by the desire to help others.
• D) Public goods tend to be undersupplied through the market since it is difficult for potential suppliers to withhold such goods from nonpaying consumers, while the government can use taxes to overcome this problem.

Understand the process and requirements for forming and certifying a union.

Comprehend the rights and obligations of employers and employees during strikes and picketing.

Recognize employers' and employees' responsibilities to prevent discrimination in the workplace.

Understand the significance of collective agreements and the implications for employees and employers.

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Definitions:

Petition the Government

The act of formally requesting or appealing to governmental authorities for a specific cause or action.

First Amendment

A provision of the United States Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

Federal Regulation

Rules or laws set by the federal government of a country to regulate activities, industries, and environments.

Adjacent Farm

A farm property that shares a common boundary or is very near another farm.