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:

Consideration Transferred

The value exchanged or payment made by an acquiring entity to obtain control of another business in a business combination.

Partial Equity Method

An accounting technique used for investments, where only a portion of the investment's change in net assets is recorded.

Noncontrolling Interest

A stake in a company that is not large enough to exert control over its operations, often reflected in consolidated financial statements.

Equipment Undervalued

A situation where the book value of equipment is less than its current market value or replacement cost.