In the United States, Which of the Following Is NOT

question 48

Multiple Choice

In the United States, which of the following is NOT a generally accepted economic function of government?

• A) providing public goods
• B) distributing consumer goods
• C) ensuring economy-wide stability
• D) promoting competition in the marketplace

---

Definitions:

Mark-up

The extra sum included in the goods' selling price to cover both overhead expenses and profit.

Selling Price

The amount of money for which a product or service is sold to a customer.

Cost

The amount of money required to purchase something or the expenditure incurred on the production of a good or service.

New Balance

The amount remaining in an account after all debits and credits have been accounted for during a specified period.