ECO447 Tma Solutions

ECO447

Question: is not a reason why government incurs expenses.
Answer: None of the options

Question: One of the following is not a basic objectives of a society.
Answer: Buying and selling public gooods

Question: A good that is rivalrous and excludable is calledâ€|
Answer: Private goods

Question: One of the following is not a merit of free market
Answer: Red tapism

Question: One of the following is not a reason why the account of the budget maybe split up.
Answer: the economic cause

Question: The government is most concerned that a tax system should be the following exceptâ€|
Answer: rigid

Question: The following are merits of public corporations exceptâ€|
Answer: increase red tapism

Question: is the studyof finances of government.
Answer: Public finance

Question: is not a method of debt redemption
Answer: Rebranding

Question: are defined as public goods that couldbe delivered as private good by government for various reasons.
Answer: Social goods

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