Difficulties in managing government in market economy

Assignment Help Business Economics
Reference no: EM131174631

The difficulties in managing government in a market economy include the following, except:

A. The need for compelx bureaucracy of various levels

B. The need for detailed paperwork and inflexibility

C. the close reseblance of government to the "invidible hand"

D. the lack of accountability in governemnt

Reference no: EM131174631

Questions Cloud

How does the use of diversion impact the recidivism rate : How does the use of diversion and/or probation impact the recidivism rate, if at all? Is either tactic, or both, more ?effective with certain types of offenders?
Simpler formulas equivalent to formulas : Use the laws stated in the text to find simpler formulas equivalent to these formulas. Explain the reasoning that you used to find your solution.
What would the resulting resistance coefficient be : Note in Figs. 10.10 and 10.11 that the minimum energy loss for a gradual contraction (K = 0.04 approximately) occurs when the cone angle is in the range of 15° to 40°. Make scale drawings of contractions at both of these extremes for a reduction f..
Estimate the intercept on the regression : You are told that Land's End, a catalog retailer, earned an excess return (Jensen's alpha), in annualized terms -  estimate the intercept on the regression.
Difficulties in managing government in market economy : The difficulties in managing government in a market economy include the following, except:
Determine the energy loss that occurs as 40 l/min of water : Determine the energy loss that occurs as 40 L/min of water at 10°C flows around a 90° bend in a commercial steel tube having an OD of 20 mm and a wall thickness of 1.5 mm. The radius of the bend to the centerline of the tube is 150 mm.
Do you agree with the jag officer final ruling : From your reading of Hasker, and using the categories he uses, what view of the mind/body problem do you think is exhibited by Picard? By Maddox? Support your answer.
Pursue only contractionary monetary policy : Suppose that the economy moves from point A to point B because of increases in costs of production. The central banking authorities respond to the decline in output by implementing an expansionary monetary policy, which causes a further increase in t..
Minimum requirement of random access memory : What should be minimum requirement of random access memory (RAM) for internet access?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd