Which of the Following Statements Regarding Governments Is FALSE

question 52

Multiple Choice

Which of the following statements regarding governments is FALSE?

• A)Governments are dependent on the profitable sales of goods and services to finance their operations.
• B)Governments have the right to tax.
• C)As long as they are fiscally responsible, governments have the opportunity to issue significant amounts of debt in the capital markets at preferential interest rates.
• D)Governments and their agencies finance their operations by levying fees and incurring liabilities.

Identify strategies and approaches for implementing major organizational changes.

Recognize the stages and models in the process of organizational change.

Understand the concept of learning organizations and strategies for fostering them.

Analyze factors leading to resistance to change and strategies for overcoming it.

---

Definitions:

Law School

An institution of higher learning that offers a professional education in law, preparing students to become attorneys through a curriculum focused on legal theory and practices.

Inelastic Supply

A situation where the quantity of goods provided by producers does not significantly change in response to price fluctuations.

Demand for Wheat Bread

Refers to the quantity of wheat bread that consumers are willing to buy at different price levels, during a given period.

Price of Land

The financial value assigned to a piece of land, influenced by its location, size, and use.