The Fact That There Is No Way to Prevent Citizens

question 62

Multiple Choice

The fact that there is no way to prevent citizens from benefiting from expenditures on national defense,whether they pay taxes or not,is an example of a(n)

• A) unfair distribution of income.
• B) external economy.
• C) external diseconomy.
• D) public good.
• E) transfer payment.

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Definitions:

Maximum Benefit

The highest possible advantage or gain that can be achieved from a particular action or resource.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure consistency and correctness.

Cancelled Checks

Checks that have been processed by the bank, serving as proof of payment or transaction.

Prenumbered Documents

Documents that are sequentially numbered in advance, used to ensure completeness and to prevent fraud or duplication.