Answer to Question #80471 in Microeconomics for bryan

Question #80471
Which one of the following statements is incorrect?
a) Central government forms part of general government.
b) Provincial government forms part of the public sector.
c) Local government forms part of general government.
d) Public corporations form part of general government
1
Expert's answer
2018-09-05T11:06:08-0400
Incorrect statement is d) Public corporations form part of general government. That is because public corporations can’t influence on general government and form general government. By the reason of "corporation", that is, a joint-stock company, and the state owns 100% of shares (or a controlling shareholding). As result country rules this corporation.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS