'Allotment' Involves the Business Practice Of

question 28

Multiple Choice

'Allotment' involves the business practice of:

• A)transferring shares from one member to another.
• B)inviting members of the public to subscribe for shares in a company.
• C)allocating shares to members of the public who have applied for them.
• D)none of the above.

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Definitions:

Government Failure

Occurs when government intervention in the economy leads to an inefficient allocation of resources or fails to achieve the intended outcomes.

Public Choice Theory

A theory in economics and political science that studies how public sector actions and policies are influenced by the self-interest of individuals, especially politicians and bureaucrats, as opposed to the public good.

Keynesian Economics

An economic theory stating that government intervention is necessary to help economies emerge from recession, through policies that stimulate demand, control inflation, and adjust interest rates.