Primary function of government that is being served

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For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served.

The government decides that it will cut taxes in an attempt to move the economy out of a severe recession.

Productive function whereby the government promotes economic stability through fiscal policies

Productive function whereby the government maintains market competition

Productive function whereby the government produces goods that are difficult for private markets to supply

Productive function whereby the government redistributes income from rich to poor

An entrepreneur incorporates a new business in the state of Delaware so that the firm can enter into a lease to use a factory and purchase raw materials.

Reallocating resources

Enforcing contracts

Redistributing income

Maintaining competition

Reference no: EM131236611

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