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For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served.
Microsoft, the operating system giant, was recently accused of illegal business practices aimed at significantly increasing its market share.
Productive function whereby the government promotes economic stability through fiscal policies
Productive function whereby the government maintains market competition
Productive function whereby the government redistributes income from rich to poor
Protective function whereby the government enforces property rights
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.
Maintaining competition
Redistributing income
Promoting stability
Reallocating resources
q. a firm in a purely competitive business is currently producing a 1000 unitday at a total cost of 450. if the firm
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