Which of the Following Is a Reason Why Government Is

question 92

Multiple Choice

Which of the following is a reason why government is a participant in a market-oriented economy?

• A)To enforce contracts and protect private property
• B)To promote collusion
• C)To promote the growth of natural monopolies
• D)To provide more inequality in the distribution of income
• E)To promote externalities

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Definitions:

Task Behaviors

Actions focused on the logistics of job performance, including planning, organizing, and goal-setting.

Directing Behaviors

Actions taken by leaders to guide, command, or influence the actions and work of others.

Schedule B

A form attached to the IRS Form 1040 that is used to report interest and dividend income over certain amounts.

Forms 1040A

A simplified version of the IRS form 1040 used for filing individual income taxes, now discontinued and replaced by the redesigned Form 1040.