Which of the following would be considered an economic function of government?
A) providing a legal system
B) promoting competition
C) providing public goods
D) All of the above are correct.

Question

Quizplus · Accepted Answer

All of the above options are considered economic functions of government. Providing a legal system ensures that contracts are enforced and property rights are upheld. Promoting competition prevents the establishment of monopolies and encourages innovation. Providing public goods, such as national defense and infrastructure, are necessary for the smooth functioning of the economy.

Which of the Following Would Be Considered an Economic Function