True/False    A government in economy usually work for the welfare of the people.

Q: Can Capitalism be classified as a religion? Explain

A: Capitalism is an economic system based on the private ownership of productive assets and their…

Q: Using your own example explain how the macroeconomic objectives of a government might conflict.

A: Macroeconomic objectives might conflict For example if inflation is reduced unemployment would…

Q: Please give the stages of public policies

A: Following are the stages of public policies:

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: True/ False    Government always works in the welfare of the economy.

A: Introduction ; In economics, government refers to the entity that has the responsibility and…

Q: Which of the following is the type of government where most power belongs to states or provinces and…

A: The legal and social framework, the maintenance of competition, the provision of public goods and…

Q: Explain the concept of market failure and its implications for both governments and businesse

A: Market Failure(MF) is the inefficient distribution of services and goods in the free market. The…

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: In the presence of market failure ,the argument for government intervention is only compelling but…

A: There are several types of “market failure,” which occurs when some attributes of the market prevent…

Q: Generally speaking, which type of government is associated with greater economic freedom?   A)…

A: A socialist economy is an arrangement of production where labor and products are delivered…

Q: Your non-profit has just been awarded a special government environmental clean- up grant of $90,000.…

A: The amount of the grant is $90,000. If we take the grant today, then we get $90,000. But if we wait…

Q: What is the term for the economic doctrine that holds that an economy works best with the minimum…

A: The government makes intervention in the economic activities. Government intervention might lead to…

Q: ill in the blanks The tools that the government uses to influence the economy are  (blank) and…

A: In an economy, there are generally two policymakers: 1-Government  2-Central Bank Each of them has…

Q: 8. Fredo loves watching Downtown Abbey on his local public TV station, but he never sends any money…

A: Here, it is given that an individual Fredo loves to watch Downtown Abbey on local public TV station,…

Q: How can the government accelerate the economic performance of its leading businesses or industries?

A: Economic growth models are designed to show how growth in capital stock, increase in the labour…

Q: The authority of the state, based on recognition by other states and by nonstate actors, to govern…

A: Sovereignty can be referred to as the supreme authority of a state or a country within a certain…

Q: It is difficult to allocate resources/funds because as citizens we all want something different?…

A: Resource/fund allocation becomes an issue as they are in limited supply/amount, whereas people’s…

Q: True or False a: Medicad and Medicare are examples of Regulatory policies. b: The social underclass…

A: Medicaid and Medicare ade the related with healthcare of population . And they are different at the…

Q: Assuming you the leader in your local government, how can you empower your constitute to be actively…

A: Employment in the local area can be increased by new projects or investments. When a project starts…

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: People of a non-democratic government would like to change their regime to get rid of non-democratic…

A: The question presents a game-theoretic scenario where a population under a non-democratic regime…

Q: Define theocratic law with example.

A: Theocracy is a form of government which is being ruled by the religious leaders. The laws of the…

Q: Name 2 aims of a government owned postal service.

A: A government's arrangements for the delivery of mail, packages, and magazines, as well as related…

Q: liberal theory look at the ralationship between state, civil society and market ?

A: The theory of liberalism gave prominence to the concept of individual freedom consent. The idea of…

Q: Why could an economy function without government help? Use 3 evidence

A: Beyond contract regulation and the provision of public goods, government intervention is any action…

Q: bonds are widely held by the general public is less likely to

A: A government sells bonds to public to raise money from the public in order to get finance to make…

Q: How did sectarian violence influence the shaping of some parts of the West?

A: The sectarian violence is also known as the sectarian strife and this was inspired from the…

Q: As Islam is a perfect religion, the market would primarily operate freely and achieve a very high…

A: Islam is often regarded as the creator of capitalism, having established the world's first…

Q: What is the major aim of political parties in the United States?

A: The political parties are the group of the individuals which is determined by the presence of the…

Q: Considering the functions of law. Explain which function of the law is the most important. Can the…

A: It is difficult to determine which function of the law is the most important, as each function…

Q: E-government is particularly significant for the economy from a commercial perspective since it…

A: E-government can refer to anything from "online government services" to "the electronic exchange of…

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: People of a non-democratic government would like to change their regime to get rid of non-democratic…

A: Backward induction is a commonly used method in game theory to solve sequential games, where players…

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: st ask Bill Gate. True False

A: Since you have asked multiple questions, we will solve first question for you, if you want other…

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.…