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In which economic function does government use a process such as income redistribution to assist the poor or handicapped?
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∙ 6y ago
equity
Reece Hermann
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What function did the government use a process such as income redistribution to assist the poor or handicapped?
In a socialist economic function, the government uses a process such as income redistribution to assist the poor or the handicapped.
In this economic function the government uses a process such as income redistribution to assist the poor or handicapped.?
Equity
Which economic function does the government use a process such as income redistribution to assist poor or handicapped?
The government uses welfare programs and tax structures to redistribute wealth to assist the poor and handicapped. The government also invests money to subsidize education and amenities for the poor.
In this economic function the government uses a process such as redistribution to assist the poor or handicap?
Equity
Description of the equity function of government?
The equity function of government is concerned with the ability of all people to have their basic fundamental needs fulfilled. Programs to aid the poor and redistribute some of the wealth are the goals of a government that favors equity.
Which of these is the best description of the equity function of government?
The government attempts to correct market failures like monoplies
What of the following is not a basic economic function of government?
equality
In an economic function what is equity?
In an economic function, equity is when the appointment of resources is considered fair. Government economic functions include providing public services and maintain a national defense.
Equity function of government?
which of these describes the far right of the economic spectrum
If a certain business monopolizes a particular industry the government will attempt to stop it. This is an example of which economic function of government?
Efficiency
If a certain business monopolizes a particular industry, the government will attempt to stop it. This is an example of which economic function of government?
Efficiency
In the economic function does the government attempt to keep the business cycle of the economy from being to high or too low?
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.
