a key consideration by most Governments. In the quest to provide for such goods, some goods and services such as health and education are provided directly by the government, while others are funded publicly but provided privately. What is the difference between these two mechanisms of public financing? Why do you think the same government would use one approach sometimes and the other approach at other tim

Q: Please give the stages of public policies

A: Following are the stages of public policies:

Q: How does a government agency raise revenue differently from a private company, and how does that…

A: The private sector is the portion of the society which is driven by gain through people and…

Q: Why are broad social indicators rarely used as measures of public program performance?

A: Social and economic public programs are government-funded initiatives designed to address various…

Q: why do private firm has no incentive to provide public good

A: Private firms may have limited incentives to provide public goods because of the nature of those…

Q: Explain the concept of market failure and its implications for both governments and businesse

A: Market Failure(MF) is the inefficient distribution of services and goods in the free market. The…

Q: What type of government often assumes functions of City government

A: The transition of power from a central government to a sub-national body refers to decentralization.

Q: What are the four roles of government? Give an example of each role.

A: The of government has multi dimensional roles which can be summarized as taking action in interest…

Q: Mr. Saeed Ahmed loves watching sports channel on his local public TV station, but he never sends any…

A: Market failure refers to a situation in which the distribution of goods and services is inefficient.…

Q: 1. How do the different branches of government work together to implement public policy?

A: As a consumer or a capital good is manufactured, cost is initiated and process of business follow…

Q: What is the role of government in an economy. Explain in detail.

A: The institution that a society uses to create and implement its public policies is referred to as…

Q: What is public administration? Define bureaucracy and explain the role of bureaucracy in public…

A: Public administration is the study of and preparation of civil servants for administrative purposes…

Q: How does the problem of limited and bundled choice in the public sector relate to economic…

A: Limited and bundled choice in the public sector leads to a reduction in economic efficiency. The…

Q: How does the problem of limited and bundled choice in the public sector relate to economic…

A: ANS In the political process, the minimal and bundled option appears to decrease economic efficiency…

Q: What are some of the dominant political considerations involved in the preparation phase of public…

A: A public budget is a financial plan or roadmap that outlines how a government or public entity will…

Q: Which of the following is a key economic function of government? a. issues passports, visas, and…

A: One of the key economic functions of the government is to protect and enforces property rights and…

Q: What are the two reasons why the government sometimes failed in their programs

A: The Government fails in many times in their programs due to the following reasons Imperfect…

Q: How do government failures provide rationale and justification for public policy?

A: In the context of public economics, government failure is defined as an economic inefficiency…

Q: How does public sector spending effect the economy and the businesses within?

A: Public sector spending is undertaken by the government of the country. This involves developing…

Q: What do you see as the biggest flaw in using benefit-cost analysis to guide public policy?

A: Companies employ a cost-benefit analysis to figure out which decisions to make and which to avoid.…

Q: three key features of the public policy environment

A: Introduction A government or its institution chooses or adopts a specific and deliberate course of…

Q: explain when and how the government intervenes in the economy

A: In a free market economy, the resources of production are usually owned by the private individuals…

Q: When economists look for some explanation for government provision, we want to find some kind of…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: Outline the budgetary process and explain the role that politics plays.

A: The budget is defined as the estimation of expenses and revenue over a specified future period of…