Select the items that describe how the government is involved in the economy.

A: provides public goods

B: collects taxes

C: enforces antitrust laws

D: imposes price floors and ceilings

E: carries out fiscal policy

Question

Gromit

Business

12 September, 17:38

Select the items that describe how the government is involved in the economy.

A: provides public goods

B: collects taxes

C: enforces antitrust laws

D: imposes price floors and ceilings

E: carries out fiscal policy

+4

Answers (1)

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Iliana Best · Answer 1

Public goods are economic products like highways, police, schools, national protection, police, etc. Governments authorities collects taxes and enforces antitrust laws which protect competition, imposes price floors and ceilings, carries out fiscal policy.

Your answer is all above: A, B, C, D. E

Select the items that describe how the government is involved in the economy.A: provides public goodsB: collects taxesC: enforces antitrust lawsD: imposes price floors and ceilingsE: carries out fiscal policy

Select the items that describe how the government is involved in the economy.

A: provides public goods

B: collects taxes

C: enforces antitrust laws

D: imposes price floors and ceilings

E: carries out fiscal policy