The political functions of government differ from the economic functions of government in that
A) the political functions relate to income distribution while the economic functions relate to the way exchange is carried out.
B) the political functions are performed at the federal government while the economic functions are at the state and local government levels.
C) the political functions involve elections and the court systems while the economic functions involve taxation and transfers.
D) the President deals with the economic functions while Congress deals with the political functions.

Question

Quizplus · Accepted Answer

The political functions of government relate to how power is exercised and decisions are made, while economic functions have to do with the allocation and distribution of resources in a society. Political functions include establishing and enforcing laws, providing public goods and services, and ensuring national security, while economic functions include regulating markets, providing public goods and services, and managing economic growth and stability. Income distribution is only one aspect of economic functions, and it is not necessarily related to political functions.

The Political Functions of Government Differ from the Economic Functions