L 10.1.2 Quiz: Role of Government in Business Question 1 of 10 Which is the best general statement about the role of government in business in the United States?
A. Government owns the resources of production.
B. Government acts to allow markets to function efficiently.
C. Government determines what goods and services are produced.
D. Government has no role in business.​

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

Which plan offers a tax-free education?

Question 1 2 points is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates