Asked by
chloe fuller
on Oct 13, 2024
Verified
Statement I: The economic role of government has been growing over the last eight decades.
Statement II: The economic role of government will definitely be reduced in the coming years.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Economic Role
The function or position held by an entity or individual within an economic system, influencing the allocation of resources and creation of goods and services.
Government
The system or group of people governing an organized community, often a state, and managing its affairs and resources.
- Comprehend the varied roles and increasing engagement of the government in economic and social matters.
Verified Answer
NE
Learning Objectives
- Comprehend the varied roles and increasing engagement of the government in economic and social matters.