9. Which of these is nottrue? a. Government uses its powers of coercion and force to collect taxesb. Government uses its powers of coercion and force to protect rightsc. Government uses its powers of coercion and force to violate rights*d. Government uses its powers of coercion and force only to improve the general welfare 10. In his classic treatise on public finance, Richard Musgrave says the economic activities of the state can be broken down into _____. 11.The government protects rights in a market economy by providing _____. 12. Which of the following may be seen as an economic basis for government role in the economy?
*d. all of the above 13. Which of the following emphasizes incentives and tax cuts as a means of increasing economic growth? a) real-business cycle theoryb) economic efficiency*c) supply-side economicsd) demand-side economics 14. Which of the following refers to the use of taxes and public expenditures to help dampen the swings associated with the business cycle? 15. Which of the following is not part of Cummings theories on role of government in an economy? 16. ______ requires the government to abstain from involvement in anything that will affect the economy. 17. _______ requires the government to regulate the economy using fiscal policy. *a) Keynesian economicsb) Monetarismc) Laissez faire economicsd) None of the above 18. Supply-side economics requires government to 19. _____ indicates that variation in the money supply has major influences on national output in the shortrun and the price level of goods and services over longer periods.
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