Solved

One Key Is Difference Between Government Activities and Private Transactions

Question 13

Multiple Choice

One key is difference between government activities and private transactions is that:


A) Government can enforce involuntary transactions, whereas private transactions are mostly voluntary
B) Government can only produce services, whereas private producers can produce both goods and services
C) Government does not run any production operations, whereas private firms have the main purpose of running production operations
D) Government does not earn revenues from its activities, whereas private firms aim to earn revenues and profits

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