What best describes the role of government in a free enterprise system?Control business activities.Decide what companies will be formed and then allow the managers to run them.Allow individuals to operate their businesses in ways they think will maximize their profits.Require companies to disclose information to consumers.


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Select the term: Goods and services provided by the government for free or at greatly reduced pricesmacroeconomicsfree riderpoverty thresholdprivate sectorin-kind benefits
Which program provides enforcement of civil rights laws?Consumer Product Safety CommissionUnemployment InsuranceTemporary Assistance for Needy FamiliesEqual Employment Opportunity Commission
Which is a critical rule for determining whether something is a public good?The benefit to each individual who uses the facility is greater than the cost.The benefits of the facility are greater for the society than for the individuals using it.The total benefits to society are greater than the total cost.The total cost is small for each individual taxpayer.
Which is a private organization that attempts to influence public officials to act or vote in ways that will benefit the group"s members?market research groupfree enterprise grouppublic policy groupinterest group
Select the term: Government aid to the poormarket failurebusiness cyclepublic policyexternalitywelfare
Select the term: The study of the behavior and decision making of entire economiesmacroeconomicsfree riderpoverty thresholdprivate sectorin-kind benefits
Select the term: The part of the economy that involves the transactions of individuals and businessesmacroeconomicsfree riderpoverty thresholdprivate sectorin-kind benefits
Select the term: Laws and standards on topics of public interestmarket failurebusiness cyclepublic policyexternalitywelfare
Select the term: An income level below that which is needed to support families or householdsmacroeconomicsfree riderpoverty thresholdprivate sectorin-kind benefits
What is a positive externality?a way to generate trade that will benefit people who are from other countriesan economic side effect that generates additional benefitsa cash flow that will benefit both the government and the businesses who interact with itan extra payment to welfare recipients
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