Which of the Following Is Not a Function of Government

question 22

Multiple Choice

Which of the following is not a function of government?

• A)promotion of competition
• B)stabilization to achieve the macroeconomic goals
• C)redistribution of income through taxation and transfer payments
• D)production of public goods
• E)providing the economy's private goods

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Definitions:

Utility

The extent to which something provides economic value greater than its cost.

Practicality

The aspect of being sensible, realistic, and focused on what is achievable and efficient in real-world situations.

Educational Background

Refers to the formal schooling, degrees, and certifications completed by an individual.

Application Form

A form that is used to collect information from a person applying for a job, a loan, or some other form of request.