Question 7 (3 points)
All of the following are necessary functions of a government EXCEPT?
1) providing a legal system to enforce laws and protect property rights
2) maintaining competition by regulatingg monopolies
3) promoting economic growth at the expense of employment and inflation
4) providing goods that private companies cannot provide

Answers

Answer 1

The function of the government does not include 4) providing goods that private companies cannot provide

Functions of government:It gives the legal system for enforcing the laws and protecting property rights. It maintained the competition via regulating the monopolies.Also, it gives the economic growth.

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Related Questions

Years ago, the United States Armed Forces conducted an experiment called "Operation Snowdrop" to find out what kinds of military personnel seemed to function best under severe arctic climatic conditions. Some of the factors examined were weight, age, blood pressure, and national origin. All of the participants in "Operation Snowdrop" were given a training course in how to survive and function in extreme cold. At the conclusion of the experiment, it was found that only two factors among those studied distinguished between personnel whose performance was rated as "effective" and those rated "not effective" on the arctic exercises. These factors were: (1) desire to participate in the experiment, and (2) degree of knowledge and skill regarding how to live and protect oneself under arctic conditions.
Inference: Participants having normal weight and blood pressure were rated as significantly more effective on the arctic exercises than were the other participants.
A. Definitely true.
B. Probably true.
C. Insufficient data.
D. Probably false.
E. Definitely false.

Answers

Answer:

B. Probably true.

Explanation:

The hypothesis test is conducted based on the sample selected from the participants. These participants are rates as effective in exercise or either not effective in exercise. The conclusion drawn may be true based on the knowledge and the given data.

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