For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served.

a. Microsoft, the operating system giant, was recently accused of illegal business practices aimed at significantly increasing its market share.
b. Productive function whereby the government promotes economic stability through fiscal policies.
c. Productive function whereby the government maintains market competition.
d. Productive function whereby the government redistributes income from rich to poor.
e. Protective function whereby the government enforces property rights.
f. Members of the Federal Reserve Bank, the central bank of the United States, meet every six weeks to adjust interest rates based on economic conditions.
g. Maintaining competition
h. Redistributing income
i. Promoting stability
j. Reallocating resources

Question

01-03-2021
Business

contestada

For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served.

a. Microsoft, the operating system giant, was recently accused of illegal business practices aimed at significantly increasing its market share.
b. Productive function whereby the government promotes economic stability through fiscal policies.
c. Productive function whereby the government maintains market competition.
d. Productive function whereby the government redistributes income from rich to poor.
e. Protective function whereby the government enforces property rights.
f. Members of the Federal Reserve Bank, the central bank of the United States, meet every six weeks to adjust interest rates based on economic conditions.
g. Maintaining competition
h. Redistributing income
i. Promoting stability
j. Reallocating resources

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Tundexi Tundexi · Answer 1 · 2021-03-07T01:07:43+01:00

Answer:

a. Microsoft, the operating system giant, was recently accused of illegal business practices aimed at significantly increasing its market share.

Answer: Main objective of Microsoft is to dominate the market and create a monopoly environment. If it is allowed then people of the economy will suffer. They have to pay for the product at a high monopoly price. Microsoft will gain at the cost of customers. So social welfare will decrease. Thus by this act government has tried to maintain market competition.

b. Members of the Federal Reserve Bank, the central bank of the United States, meet every six weeks to adjust interest rates based on economic conditions.

Answer: Objective is to promote stability in the economy.

anthougo anthougo · Answer 2 · 2022-03-18T14:42:47+01:00

The determination of the primary function of government being served in each of the scenarios involving the U.S. government is as follows:

Scenario Primary Function

a. Microsoft, accused of illegal

business practice. g. Maintaining competition

b. Promotion of economic stability

through fiscal policies. i. Promoting stability

c. The government maintains

market competition. g. Maintaining competition

d. The government redistributes income. h. Redistributing income

e. The government enforces property rights. g. Maintaining competition

f. Federal Reserve Bank semi-annual meeting. j. Reallocating resources

What are the primary functions of government?

The primary functions of government are:

Providing leadership
Maintaining law and order
Providing public services and amenities
Provision of national and economic security
Providing enabling environments for enterprises.

Thus, the determination of the primary function of government being served in each of the scenarios involving the U.S. government has been indicated.

Learn more about the primary functions of government at https://brainly.com/question/17656622