Which of the following choices is not an example of government assistance? Unemployment benefits employee bonus direct stimulus payments food assistance programs

Q: The idea that people in equal conditions should pay equal taxes is referred to as Group of answer…

A: The term “tax” is defined as the compulsory payment made by the individuals of the country to either…

Q: Which of the following entities would most likely agree with Adam Smith's statement?…

A: Adam Smith was a backer of the free market. In his view, the free economy would give expanded wealth…

Q: Why are broad social indicators rarely used as measures of public program performance?

A: Social and economic public programs are government-funded initiatives designed to address various…

Q: Question 1 Please breifly explain the following: Public choice Government failure Iso-welfare…

A: Introduction Economics is the study of how individuals divide up finite resources between individual…

Q: Critically analyse government programmes in addressing poverty in south afric

A: This can be defined as a situation In which the person is actively finding a job and has have…

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: Most of the government's mandatory spending is used on which of the following?

A: Most of the government's mandatory spending is used on social security schemes. Social Security…

Q: Discuss how policy variables, government spending and taxation, are used to influence economic…

A: A policy through which the government tends to adjusts its levels of spending and tax rates for…

Q: The concept of poverty line in India was introduced in______________.

A: Poverty line is the minimum level of income in order to meet the living conditions or it is the…

Q: Under the Temporary Assistance for Needy Family law, how are funds distributed? Select the correct…

A: Social Security refers to the United States’ government scheme that gives out financial aids to the…

Q: If I budgeted $1000 for my expenses this month, but then spent $1500, in order to be fiscally…

A: Reexamine the budget, because now had a $500 deficit this month. As being fiscally responsible these…

Q: Question 6 Who pays for government subsidies? Everyone else The wealthy Big business The poor pay…

A: Government subsidy is one of the major tools of fiscal policy. It is a kind of incentive provided by…

Q: Different Schools of thought propose theories to explain government failure. Based on public choice…

A: Public choice theory is an economic theory that refers to the principles of microeconomics in the…

Q: Economists generally agree that individual consumer preferences should determine the market output…

A: Government intervention refers to the process under which government intervenes in a free market…

Q: dentify one goverment policy to encourage increases in labor productivity

A: Labor productivity refers to the output that is produced by labor, or the quantity of output that is…

Q: Describe the difference between efficiency and effectiveness in government and give an example using…

A: Effectiveness vs Efficiency:- Effectiveness:- Effectiveness deals with the maximizing the desired…

Q: what would happen if Governments increase the level of welfare payments.

A: Welfare benefits are government implemented programs that help in increasing the standard of living…

Q: Which of the following is not overseen by the government? Group of answer choices minimum wage…

A: Governments oversee economic activities for several reasons, often driven by a combination of…

Q: Causes of public expenditure

A: The causes of public expenditure is that the public expenditure must be done due to welfare of the…

Q: Eight statements regarding the redistribution of income expenditure programs are provided. Match the…

A: Public Assistance: This program is targeted at families with minor children, very low income, and…

Q: What are the strategies that our goverment might consider to improve public safety

A: Public safety ensures that all community members decide how to organise a social environment that…

Q: How have the size and functions of government changed during the last two centuries? Did the framers…

A: Constitution of Country U was written around 200 years back. This is the base of one of the…

Q: In what ways does the united States government safety net fail for low-income people?

A: The social safety net, or America's complex system of public benefits and supports, has proved to be…

Q: Many economists believe that a more effective way to supplement the income of the poor is through a…

A: A person or firm is required by law to pay taxes to the government based on their income or…

Q: The eight statements involve the redistribution of income expenditure programs. Match the given…

A: Income inequality is growing across the world resulting in poverty and unequal opportunities.…

Q: What is NOT a reason for governments to fund education?

A: Education is good which creates positive externalities in an economy . This means by educating…

Q: What is the government policy that supports research and development (R&D), doesn't involve the…

A: The process through which there is the creation of improved or new technologies that could help in…

Q: What is the market failure that justifies goverment involvement in the economy

A: Governments intervene in markets to deal with inefficiency. In an optimally efficient market,…

Q: what is the economic impact of government overreach? How is this seen in the current and past…

A: Government impact  in the economic impact outreach would help in the expansion and the development…

Q: Who pays for government subsidies? Everyone else The wealthy Big business The poor pay thru…

A: This can be described as a concept that shows the contribution of an individual, organisation or any…

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: Assess three strategies used by the government to deal with these constraints

A: Agricultural economics is the study of the allocation, distribution, and usage of agricultural…

Q: Which of the following is a key economic function of government? a. issues passports, visas, and…

A: One of the key economic functions of the government is to protect and enforces property rights and…

Q: Economists James Buchanan and Gordon Tullock are well-known for developing Group of answer choices…

A: Both the economist developed public choice model in which choices of public were analyzed.

Q: If the benefits from an antipoverty program are phasedout as an individual’s income increases, the…

A: Poverty is an economic problem in which an individual is unable to afford and consume the basic…

Q: what could the federal government have done to alleviate the human suffering of the Great…

A: The great depression began in the U.S. in October 1929. The stock market had crashed and the economy…

Q: Take a country like Sweden where tax levels are very high at 55% of GDP, but where PDI is also high…

A: GDP refers to the total monetary value of all final goods and services that a nation produce in its…

Q: Which of the following is most likely to result in government failure? Highly competitive markets.…

A: Option 4

Q: Policy Perspectives Refer to the table to answer one question. Income Transfers: The market…

A: a) Under Medicare program the value of transfer is $620 billion or 620,000 million. The average…

Q: Define state aid and explain its economic rationale.

A: A government benefit that gives a corporation an unfair competitive advantage over its competitors…