The political functions of government differ from the economic functions of government in that
A) the political functions relate to income distribution while the economic functions relate to the way exchange is carried out.
B) the political functions are performed at the federal government while the economic functions are at the state and local government levels.
C) the political functions involve elections and the court systems while the economic functions involve taxation and transfers.
D) the President deals with the economic functions while Congress deals with the political functions.
A) the political functions relate to income distribution while the economic functions relate to the way exchange is carried out.
You might also like to view...
Which of the following companies was NOT implicated in a scandal in the early 2000s?
a. enron b. coca-cola c. tyco international d. all of the above were implicated in scandals
The figure above shows Sam's budget line. Which of the following equals the vertical intercept of Sam's budget line?
A) Y/Pc B) Y/Pg C) -(Pc/Pg) D) -(Pg/Pc)