Which of the Following Is an Example of a Government

question 98

Multiple Choice

Which of the following is an example of a government policy that is aimed at increasing positive externalities?

• A) Increasing the size of the labour force.
• B) Improving access to education and training.
• C) Preventing redundancies by making trade unions stronger.
• D) Introducing import tariffs for various goods.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the correct period.

Interest Expense

The expense recorded by a business for the funds it has borrowed, categorized as a non-operating expense in the income statement.

Interest-Bearing Note

A debt instrument that obligates the issuer to pay interest to the holder, in addition to repaying principal at maturity.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.