Governments Enact Policies to

question 448

Multiple Choice

Governments enact policies to

• A)make the distribution of income more efficient.
• B)make the distribution of income more equal.
• C)maximize the use of the welfare system.
• D)minimize the use of in-kind transfers.

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Definitions:

Acquisition

The process of obtaining control of another company by purchasing its shares or assets.

Bonds

A form of interest-bearing notes payable issued by corporations, universities, and governmental entities.

Investing Activity

Transactions involving the purchase and sale of long-term assets and other investments not considered as cash equivalents.

Interest

Payment for the use of another person’s money.