Q: What is progressive tax? Write its merits and demerits.
A: A tax is described as one that the government imposes on citizens who participate in the economy in…
Q: Please give the stages of public policies
A: Following are the stages of public policies:
Q: If the primary objective of government programs in each of these areas is the alleviation of some…
A: Governments around the world put efforts to make an economy work efficiently, for that they…
Q: How do you see the actions of America's national government affecting your everyday life? What…
A: The national government can influence an individual's daily life in various ways. The following will…
Q: (Types of Legislation) describe the four different categories of legislation based on the…
A: The cost benefit analysis is an important method used in economic to determine which projects to be…
Q: What is a neo-liberal agenda that will advance the public sector?
A: There are various ideologies to deal with a specific social and economic conditions. Neo-liberalism…
Q: What type of government often assumes functions of City government
A: The transition of power from a central government to a sub-national body refers to decentralization.
Q: What are the various taxes paid in the USA by corporations? Which of those has the most significant…
A: Corporate tax is the tax which is levied on the profit earned by the firms, industries and…
Q: Churches have been considered a lucrative business in the country. Do agree with the idea that…
A: Churches benefit from a range of legal advantages as nonprofit "religious companies" under Section…
Q: What are the guidelines that SBA has developed for the various industries?
A: Introduction The SBA or Small Business Administration's guidance materials give vital background on…
Q: Economists have stated that an economy has plunged to a market failure with an uptick in natural gas…
A: Market failure: Market failure is defined under neoclassical economics as a circumstance in which a…
Q: Do you think we should use taxation as a redistribution tool in a country?
A: Inequality has increased in both developing and developed nations. In my opinion, taxation as a…
Q: Analyze the role of the government with an exteranlity present
A: There are two types of externalities present: Positive externality Negative externality Positive…
Q: Name the impact of leveraging on businesses in today’s economic climate?
A: The ratio of a company's equity to its debt is classified as economic leveraging. This is an…
Q: Identify and discuss the economic factors that influence the external business environment.
A: Below mentioned are the few economic factors responsible for influencing the external business…
Q: areas HUD f. a U.S. government program that guarantees health coverage to most people who are over…
A: Social security programs is offered to the population to ensure the economic support by the…
Q: Define Public Policy according to Laswell
A: Lasswell had an effect on Political Science in the area of Policy, particularly Public Policy and…
Q: Why might citizens interested in maximizing economic efficiency be happy to invest their government…
A: The economic efficiency is a situation in which all the economic resources are being efficiently…
Q: Why do certain states suffer more economically than others? Please explain briefly
A: Solution - There are many reasons certain states suffer more economically than others some of them…
Q: Government failure occurs when a government's attempt to correct a market failure has unintended…
A: The markets are the place where the buyers of the goods, and services interact with the sellers,…
Q: Discuss the effects of government economic policies such as a rise in the unemployment benefits on…
A: The condition where a person who is capable enough to work is unable to find any suitable jobs is…
Q: Do you think that higher education in engineering should receive a greater government subsidy…
A: Education plays a very significant role in increasing the cognitive skills, efficiency and knowledge…
Q: Describe the role of government and need of it, individually, in all types of such market situations
A: In terms of economics, economists identify different major functions of government in the market of…
Q: Is digital taxation feasible in Africa?
A: Africa has made adjustments to utilize unconventional digital means to replace every day physical…
Q: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they are: “nowhere necessaries of life”…
A: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they is: “nowhere necessaries of life”…
Q: As the Great Depression began in 1929, and millions of Americans found themselves in a terrible…
A: Depression refers to the fall in economic activity severely and for a long time. Great depression of…
Q: Which of the following business forms is a government creation that looks like a corporation but is…
A: In a market, firms are classified into different types based on their characteristics such as sole…
Q: Why do you think we should use taxation as a redistribution tool in a country?
A: There is obviously a strong case for shifting resources from those at the top of the income scale to…
Q: How do government failures provide rationale and justification for public policy?
A: In the context of public economics, government failure is defined as an economic inefficiency…
Q: Discuss the market failure which justifies government involvement in the economy
A: Market failure can be understood as a situation where resources are not utilised efficiently or in…
Q: Which of the following is most likely to result in government failure? Highly competitive markets.…
A: Option 4
Q: No government can sustain or effectively operate without it's powers. Enumerate and discuss each of…
A: Inherent powers are powers of a division of government not particularly listed in the constitution.…
Q: Describe how government’s power to coerce can be economically beneficial and list some of the…
A: The belief that regulation is bad for business is unfounded. It is a general rule that should be…
Q: Government intervention is one possible solution for market failure. What is one possible reason why…
A: Market failure and the role of government intervention: Market failure refers to the market outcomes…
Q: How does public sector spending effect the economy and the businesses within?
A: Public sector spending is undertaken by the government of the country. This involves developing…
Q: Present a private market or government function that could be operated more efficiently with the…
A: Efficiency in the market condition where all the resources utilized at the optimal level also…
Q: Discuss how public sector budgets reflect accountability ?
A: A budget is an estimate of revenue and expenditure for a given future period, and is typically…
Q: three key features of the public policy environment
A: Introduction A government or its institution chooses or adopts a specific and deliberate course of…
Q: How is the concept of 'market failure' relevant to government funding?
A: Market Failure is defined as a state which occurs when the price system fails to account for all of…
Q: Do you believe complicated principles, like competition, apply in both private and public…
A: Competition is a situation under which the various economic firms attempt to obtain a share of the…
Q: government spending
A: Government spending- government purchases the goods & services to use them efficiently for the…
Q: Propose TWO sustainable ways in which businesses could assist the schools to ensure that school…
A: Businesses could come up with innovation which would increase the sustainability of schools.
Q: explain how government impacts on business
A: In a mixed economy or centrally Planned economies the role of the government is important in…
How can the government accelerate the economic performance of its leading businesses or industries?
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Solved in 2 steps
- What challenges and opportunities would arise from higher and lower degrees of government intervention?Is government participation in our business system good or bad? What factors can be used to explain your position.What areas of government spending impact a business? How do these areas impact the business?
- Explain the concept of market failure and its implications for both governments and businesseswhat is the economic impact of government overreach? How is this seen in the current and past economies? Answer In own wayExplain how beliefs and opinions can shape government economic policy decision making. Provide an example;