How do command-and-control policies differ from incentive systems?
a. Command-and-control policies use marketlike strategies, whereas incentive systems do not.
b. Command-and-control policies are typically more efficient than incentive systems.
c. Command-and-control policies are typically more equitable than incentive systems.
d. Command-and-control policies typically focus on punishing those who violate the law, whereas incentive systems often include rewards.
Question -2-Which of the following is a primary goal of privatizing government functions?
a. to provide services that the private sector cannot
b. to strengthen government accountability
c. to improve the efficiency of public service delivery
d. to expand the size of the federal bureaucracy
Question -3-Which of the following statements regarding the role of the federal government in the economy is correct?
a. The Federal Reserve Board has primary responsibility for setting fiscal policy.
b. Most Americans would prefer an economy completely free of any federal regulations.
c. The scope of federal activity in the economy contracts during economic downturns and expands during economic recoveries.
d. Presidential election outcomes are heavily influenced by the health of the economy.
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