Governments Intervene in Markets to Do All of the Following

question 10

Multiple Choice

Governments intervene in markets to do all of the following, except

• A)prevent degradation of open-access resources
• B)protect people from fraud
• C)protect health and safety of workers and consumers
• D)manage public resources
• E)direct production of goods and services

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Definitions:

Service Charge

A fee collected for the benefit of providing a service, often added to bills in restaurants, banking, and hospitality.

Check Register

A record of checks written, deposits made, and balances in a checking account, used to track finances.

Bank Statement

A document provided by a bank which outlines all transactions in an account, including deposits, withdrawals, and fees, over a specified period.

NSF Returned Check

A check that has been returned by the bank because it could not be processed due to insufficient funds in the account.