Solved

In a Pure Market Economy,the Role of Government Is Limited

Question 134

Multiple Choice

In a pure market economy,the role of government is limited to provision of : i) a basic legal and institutional structure.
Ii) intervention in the allocation of resources in some areas of the economy.
Iii) redistribution of income.
Iv) stabilization of economic conditions generally.
Which of the above points is true?


A) Only i) .
B) Only i) and ii) .
C) Only i) and iv) .
D) Only i) ,ii) ,and iv) .
E) All of the points are provided by government in a pure market economy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents