The Economic Functions of Government Differ from the Political Functions

question 339

Multiple Choice

The economic functions of government differ from the political functions of government in that

• A) the economic functions are carried out by the federal government, while the political functions are carried out by state and local governments.
• B) the economic functions include policies that affect income redistribution, while the political functions involve things that affect the way exchange is carried out.
• C) the economic functions involve things that affect the way exchange is carried out while the political functions include policies that affect income redistribution.
• D) the economic functions are carried out by state and local governments, while the political functions are carried out by the federal government.

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Definitions:

Outplacement

Assistance provided by an organization to former employees transitioning to new jobs, often including career counseling, job search assistance, and training.

Inplacement

An organizational practice focusing on training and developing employees within the company to prepare them for higher responsibilities.

Career Development

The ongoing process of managing one's work experience, learning, and skills to pursue preferred job opportunities over time.

Mentoring

A developmental partnership through which one person shares knowledge, skills, information, and perspective to foster the personal and professional growth of someone else.