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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

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91720564

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