Government can reallocate resources away from private goods toward public goods, usually through Multiple Choice import tariffs

Question

vagabundo [1.1K]

3 years ago

12

Government can reallocate resources away from private goods toward public goods, usually through Multiple Choice import tariffs

and quotas. the laws of supply and demand. taxes and government spending. positive and negative externalities.

Business

1 answer:

RSB [31] · Answer 1 · 2022-05-14T21:13:11+03:00

Answer:

The correct answer is: taxes and government spending.

Explanation:

The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.

It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.