Which is FALSE of power ____________________?
Correct answer: C. All power relationships are one sided
- A. It is necessary for exerting social control in society
- B. It plays a significant role in all kinds of social interactions
- C. All power relationships are one sided
- D. People have greater or lesser amounts of power according to their statuses in society
Explanation
Power relationships are not always one-sided because influence can be mutual or reciprocal. The other statements correctly describe power as a basis of social control, interaction, and status differences.
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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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