--%>

Elucidate reallocation of Government resources

Elucidate reallocation of Government resources?

E

Expert

Verified

1. Government can increase demand by providing subsidies like food stamps and education grants to subsidize consumers.

2. Government can finance production of good or service such as public education or public health.

3. Government can increase supply by subsidizing production, such as, immunization programs, higher education as well as public hospitals.

4. Government provides public goods and quasi-public goods and services.

   Related Questions in Business Economics

  • Q : Determine the lowest average wages

    Consider a huge group of identically smart and strong industrious workers. All else identical, Adam Smith would predict such that the lowest average wages would be earned through the workers who were in the work that: (1) had the leas

  • Q : Introduction of the term Control Factor

    Give a brief introduction of the term Control Factor?

  • Q : Limitation of building blocks for a

    Building blocks for a capitalist system would not consist of: (1) supplies and demands. (2) private property rights. (3) laissez-faire policies. (4) market-found prices and outputs. (5) distribution of income in accord along with the principle, &ldquo

  • Q : Summary of what can cause an increase

    Illustrate a summary of what can cause an increase in demand?

  • Q : Divide of the study of economics MOST

    The study of economics is MOST frequently divided within: (1) positive economics and negative economics. (2) macroeconomics and microeconomics. (3) subjective economics and objective economics. (4) supply side and demand side economics. (5) conservative economics and

  • Q : What are the dependencies in U.S. and

    What are the dependencies in U.S. and World Trade?

  • Q : Characteristic of an oligopolistic

    Which of the given is a quality of an oligopolistic market structure? w) There are only some dominant sellers. x) every firm sells a unique product. y) this is easy for new firms to enter the industry. z) Each firm require not react to the actions of

  • Q : Distinguish between Individual as well

    Distinguish between Individual as well a market demand?

  • Q : Illustrates inverse relationship

    Illustrates the inverse relationship between price and quantity?

  • Q : Demand Q X= 600- 6PX + 20I +0.4PY c.

    Q X= 600- 6PX + 20I +0.4PY c. Suppose PX increases by 10%, by what percentage would sales decrease? Explain how this price increase affect total revenues from good X.