Which of the Following Are Devices That the Government Uses

question 149

Multiple Choice

Which of the following are devices that the government uses to achieve a more efficient allocation of resources in the presence of external benefits?

• A) taxes, private subsidies, and regulation
• B) public provision, taxes, and private subsidies
• C) regulations, public provision, and vouchers
• D) vouchers, public provision, and private subsidies
• E) public provision, taxes, and vouchers

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Definitions:

Source of Motivation

Elements or factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Security

A state of being free from danger or threat, often involving measures to protect physical, digital, or financial assets.

Good Retirement Plan

A financial strategy designed to provide individuals with income or benefits upon retirement, ensuring financial security and stability during one's retirement years.

Maslow's Need

Refers to the hierarchical levels of human needs outlined by Abraham Maslow, ranging from basic physiological needs to self-actualization.