Asked by
Sandy Ceballos
on Nov 26, 2024
Verified
The government is like business firms in that it provides goods and services to households and businesses.
Goods And Services
The physical items (goods) and activities or benefits (services) that fulfill consumer needs and wants.
- Understand the essential responsibilities of government in handling the finances from taxes and outlays.
Verified Answer
NB
Learning Objectives
- Understand the essential responsibilities of government in handling the finances from taxes and outlays.
Related questions
Between the Government and Households, Money or Funds Tend to ...
Transfer Payments Are Exhaustive in That They Directly Absorb Resources ...
The Interest on Public Debt Is More Than 10 Percent ...
The Excise Tax on Gasoline Is Based on the Ability-To-Pay ...
In Recent Years,redistribution Has Been the Fastest Growing Category of ...