The Difference Between the Economic and Political Functions of Government

Multiple Choice

The difference between the economic and political functions of government is that

A) the economic function is concerned with the Federal Taxation system while the political function is not.
B) the economic function is concerned with correcting for market failures while the political function is not.
C) the economic function is concerned with the reallocation of income while the political function is not.
D) the economic function encourages merit goods while the political function discourages demerit goods.