It may be said that the three branches of government________________?
Correct answer: B. undergo checks and balances among one another
- A. are absolutely separated from one another
- B. undergo checks and balances among one another
- C. are integrated into a cohesive unit
- D. make for speedy decision making
Explanation
The branches are separate but not completely isolated: checks and balances allow each branch to restrain parts of the others. This prevents the concentration of governmental power.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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