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81. Governments often establish rules that influence how an economy operates. Wh

ID: 1232600 • Letter: 8

Question

81. Governments often establish rules that influence how an economy operates. Which of the following rules will most likely increase the ability of society to produce goods and services?
A) laws allowing discrimination against women.
B) providing tax incentives to encourage education by workers
C) environmental regulations that prevent the use of industrial solvents in production
D) increasing taxes on the formation of new capital

83. The basic economic differences among nations throughout history concerning institutions, philosophy, and ideology mainly focus on:
A) unemployment and inflation.
B) the ownership of factors of production and how they are coordinated in economic activity.
C) the relative shares of agriculture, industry, and service sectors.
D) the opportunity for social mobility.


86. Government's role of providing national defense is considered:
A) enforcing a legal system.
B) providing certain goods and services.
C) redistributing income.
D) expanding economic growth.


87. Government's role of taxing some citizens and transferring income to others is considered:
A) enforcing a legal system.
B) providing certain goods and services.
C) redistributing income.

Explanation / Answer

81. Governments often establish rules that influence how an economy operates. Which of the following rules will most likely increase the ability of society to produce goods and services?
A) laws allowing discrimination against women.
B) providing tax incentives to encourage education by workers
C) environmental regulations that prevent the use of industrial solvents in production
D) increasing taxes on the formation of new capital

83. The basic economic differences among nations throughout history concerning institutions, philosophy, and ideology mainly focus on:
A) unemployment and inflation.
B) the ownership of factors of production and how they are coordinated in economic activity.
C) the relative shares of agriculture, industry, and service sectors.
D) the opportunity for social mobility.


86. Government's role of providing national defense is considered:
A) enforcing a legal system.
B) providing certain goods and services.
C) redistributing income.
D) expanding economic growth.


87. Government's role of taxing some citizens and transferring income to others is considered:
A) enforcing a legal system.
B) providing certain goods and services.
C) redistributing income.

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