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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.

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In this economic function the government uses a process such as redistribution to assist the poor or handicap?

Equity


What type of economic function is it when the federal government provides medical assistance to retired citizens through the medicare program?

equity :D


In this economic function the government uses a process such as income redistribution to assist the poor or handicapped.?

Equity


In which economic function does government use a process such as income redistribution to assist the poor or handicapped?

equity


What is a good definition of economic equity?

Economic equity is the concept of fairness in economics, especially concerning taxation or welfare.


What type of economic function fits this description The federal government provides medical assistance to retired citizens through the Medicare Program.?

equity


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.


The Preamble to the Constitution lays out the main ideas of the American vision of government but does not specify providing for?

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What is the goal of Economic equity and economic freedom?

The issue of fairness underscores the goal of economic equity. Americans want their economic system to be fair and just. The goal of economic freedom is to allow each member of society to make choices.


What 5 major economic goals?

Economic Effiency Economic Freedom Economic Security Economic Equity Economic growth and Innovation


What goals the government pursues in a socialist economic system?

equity


What are some trade-offs among social and economic goals?

•economic freedom and economic security, economic growth and economic equity, price stability and full employment. •