Politics may be defined as_______________?
Correct answer: C. the process by which individuals and groups acquire power
- A. the statuses and roles that enforce the law
- B. the legitimate use of force within a territory
- C. the process by which individuals and groups acquire power
- D. all of the above
Explanation
Politics concerns how individuals and groups seek, obtain, and exercise power. The other choices describe government structures or the state's use of force rather than politics in general.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Public Finance
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.
Practise Public Finance
406 free Public Finance MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Economics questions like this
Economics is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Public Finance questions
Foreign aid________________?
Ricardian equivalence suggests that a debt-financed tax cut may have little effect on aggregate demand because households:
Which of the following is most likely to be classified as a merit good?
In order for power to be legitimate a government must have_____________?
"My country right or wrong" is an example of_______________?
Conflict theorists see the states functions as________________?