Power may be asserted by_________________?
Correct answer: D. coercion reciprocation or reward
- A. reciprocating
- B. promising a reward in return for compliance
- C. coercion
- D. coercion reciprocation or reward
Explanation
Power can be exercised through coercion, reciprocal exchange, or rewards offered for compliance. Hence the inclusive option covers all three methods.
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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.
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